WAYSIDE, THIMBLEBY, HORNCASTLE, LN9 5RE - £385,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WAYSIDE is a large extended detached house of 175m², built sometime between 1996 and 2002, which could now be worth an estimated £573,317. It was last sold for £385,000 in August 2016, which was around 100% above the average August 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was D.

WAYSIDE Sold Prices

Land registry data shows three sales for WAYSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three WAYSIDE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 17 AUG	£385,000	£192,227	100% above HPI
2005 1 JUL	£337,500	£170,272	98% above HPI
2000 31 JUL	£151,100	£76,251	98% above HPI

WAYSIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three WAYSIDE sales between July 2000 and August 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2005 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the August 2016 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might WAYSIDE be worth now?

WAYSIDE might now be worth an estimated £573,317.

This is based on house price inflation of 48.9%, between August 2016 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.9% inflationary increase is applied to the most recent sale price for WAYSIDE of £385,000 on 17th August 2016. For the value to have increased from £385,000 to £573,317 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of WAYSIDE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2016 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of WAYSIDE has not materially changed since August 2016.

How Large is WAYSIDE?

WAYSIDE is 175m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses houses in Thimbleby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thimbleby, and where WAYSIDE lies on this distribution: 64% of detached houses houses are smaller than WAYSIDE, and 36% of houses are larger. Note that EPC data is not available for all properties in Thimbleby.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.358 of an acre, or 1,447m². The below map shows the location of WAYSIDE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of WAYSIDE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is WAYSIDE?

WAYSIDE is located in THIMBLEBY, in the LN9 postcode district. The below map shows the position of WAYSIDE in THIMBLEBY.