WOODLANDS, NORTH KELSEY ROAD, CAISTOR, MARKET RASEN, LN7 6SF - £350,000

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

WOODLANDS is a midsized extended detached house of 117m², built sometime between 1930 and 1949. It was last sold for £350,000 in September 2016, which was around 74% above the average September 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was C.

WOODLANDS Sold Prices

Land registry data shows two sales for WOODLANDS 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 WOODLANDS 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 26 SEP	£350,000	£201,570	74% above HPI
2014 18 JUL	£261,000	£184,669	41% above HPI

WOODLANDS 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 WOODLANDS sales from July 2014 and September 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 2014 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2016 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is WOODLANDS?

WOODLANDS is 117m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses by size in Caistor, and where WOODLANDS lies on this distribution: 47% of detached houses are smaller than WOODLANDS, and 51% of houses are larger. Note that EPC data is not available for all properties in Caistor.

WOODLANDS: Plot and Title Map

WOODLANDS sits on a plot of roughly 5.3 acres, or 21,481m². The below map shows the location of WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

WOODLANDS is located on NORTH KELSEY ROAD in CAISTOR, in the LN7 postcode district. The below map shows the position of WOODLANDS on NORTH KELSEY ROAD.