WESTWAYS, HIGH STREET, HARMSTON, LINCOLN, LN5 9SN - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WESTWAYS is a midsized extended detached house of 159m², built sometime between 1976 and 1982. It was last sold for £275,000 in May 2015, which was around 37% above the average May 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

WESTWAYS Sold Prices

Land registry data shows two sales for WESTWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two WESTWAYS 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
2015 1 MAY	£275,000	£201,393	37% above HPI
2001 23 AUG	£120,000	£86,657	38% above HPI

WESTWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two WESTWAYS sales from August 2001 and May 2015 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 August 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2015 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is WESTWAYS?

WESTWAYS is 159m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses by size in Harmston, and where WESTWAYS lies on this distribution: 48% of detached houses are smaller than WESTWAYS, and 53% of houses are larger. Note that EPC data is not available for all properties in Harmston.

WESTWAYS: Plot and Title Map

WESTWAYS sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of WESTWAYS, 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 WESTWAYS). 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 WESTWAYS?

WESTWAYS is located on HIGH STREET in HARMSTON, in the LN5 postcode district. The below map shows the position of WESTWAYS on HIGH STREET.