WILLOW TREE HOUSE, THURLBY ROAD, BILSBY, ALFORD, LN13 9JJ - £300,000

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.

WILLOW TREE HOUSE is a very large detached house of 145m², built sometime between 1991 and 1995, which could now be worth an estimated £385,078. It was last sold for £300,000 in October 2018, which was around 35% above the average October 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was C.

WILLOW TREE HOUSE Sold Prices

Land registry data shows four sales for WILLOW TREE HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four WILLOW TREE HOUSE 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
2018 12 OCT	£300,000	£221,942	35% above HPI
2016 23 MAR	£255,000	£188,811	35% above HPI
2005 22 SEP	£250,000	£175,943	42% above HPI
1998 26 OCT	£97,000	£65,491	48% above HPI

WILLOW TREE HOUSE 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 four WILLOW TREE HOUSE sales between October 1998 and October 2018 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 March 2016 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2018 sale, which was also at 35% above the HPI.

What might WILLOW TREE HOUSE be worth now?

WILLOW TREE HOUSE might now be worth an estimated £385,078.

This is based on house price inflation of 28.4%, between October 2018 and March 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 28.4% inflationary increase is applied to the most recent sale price for WILLOW TREE HOUSE of £300,000 on 12th October 2018. For the value to have increased from £300,000 to £385,078 over the seven years and seven months to March 2025, the following assumptions must hold true:

• The value of WILLOW TREE HOUSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of WILLOW TREE HOUSE has not materially changed since October 2018.

How Large is WILLOW TREE HOUSE?

WILLOW TREE HOUSE is 145m² according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses houses in Bilsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilsby, and where WILLOW TREE HOUSE lies on this distribution: 81% of detached houses houses are smaller than WILLOW TREE HOUSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Bilsby.

WILLOW TREE HOUSE: Plot and Title Map

WILLOW TREE HOUSE sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of WILLOW TREE HOUSE, 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 WILLOW TREE HOUSE). 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 WILLOW TREE HOUSE?

WILLOW TREE HOUSE is located on THURLBY ROAD in BILSBY, in the LN13 postcode district. The below map shows the position of WILLOW TREE HOUSE on THURLBY ROAD.