WOODFORD, HOLMES LANE, DUNHOLME, LINCOLN, LN2 3QT - £305,000

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.

WOODFORD is a large detached house of 129m², built sometime between 1950 and 1966, which could now be worth an estimated £398,584. It was last sold for £305,000 in January 2018, which was around 37% above the average January 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

WOODFORD Sold Prices

Land registry data shows two sales for WOODFORD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two WOODFORD 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 JAN	£305,000	£222,763	37% above HPI
1999 3 SEP	£88,000	£72,263	22% above HPI

WOODFORD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two WOODFORD sales from September 1999 and January 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 September 1999 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might WOODFORD be worth now?

WOODFORD might now be worth an estimated £398,584.

This is based on house price inflation of 30.7%, between January 2018 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.7% inflationary increase is applied to the most recent sale price for WOODFORD of £305,000 on 12th January 2018. For the value to have increased from £305,000 to £398,584 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of WOODFORD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The January 2018 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of WOODFORD has not materially changed since January 2018.

How Large is WOODFORD?

WOODFORD is 129m² according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses houses in Dunholme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dunholme, and where WOODFORD lies on this distribution: 62% of detached houses houses are smaller than WOODFORD, and 37% of houses are larger. Note that EPC data is not available for all properties in Dunholme.

WOODFORD: Plot and Title Map

WOODFORD sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of WOODFORD, 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 WOODFORD). 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 WOODFORD?

WOODFORD is located on HOLMES LANE in DUNHOLME, in the LN2 postcode district. The below map shows the position of WOODFORD on HOLMES LANE.