WESTWICK, FORD WAY, GOULCEBY, LOUTH, LN11 9WD - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WESTWICK is a midsized extended detached house of 132m², built sometime between 1976 and 1982. It was last sold for £450,000 in August 2022, which was around 63% above the average August 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

WESTWICK Sold Prices

Land registry data shows three sales for WESTWICK 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 WESTWICK 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
2022 24 AUG	£450,000	£275,687	63% above HPI
2014 4 AUG	£230,000	£174,797	32% above HPI
1999 21 JUL	£76,000	£67,601	12% above HPI

WESTWICK 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 WESTWICK sales between July 1999 and August 2022 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 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2022 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is WESTWICK?

WESTWICK is 132m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses in Goulceby, based on EPC data. The below chart shows the distribution of detached houses by size in Goulceby, and where WESTWICK lies on this distribution: 44% of detached houses are smaller than WESTWICK, and 56% of houses are larger. Note that EPC data is not available for all properties in Goulceby.

WESTWICK: Plot and Title Map

WESTWICK sits on a plot of roughly 0.604 of an acre, or 2,445m². The below map shows the location of WESTWICK, 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 WESTWICK). 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 WESTWICK?

WESTWICK is located on FORD WAY in GOULCEBY, in the LN11 postcode district. The below map shows the position of WESTWICK on FORD WAY.