£147,868
This estimated value is based upon the latest sale price for the house of £120,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 15 May 2020 |
| £110,000 | 6 Sep 2016 |
| £110,000 | 5 Aug 2016 |
| £80,000 | 7 May 2010 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 sq feet |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in May 2020 the House Price Index for LINCOLNSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £120,000 results in an estimated price of approximately £147,868.
| 15 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £120,000 | £27,868 | £147,868 |
The Postcode Pricing Model uses changes in average sales price within the LN9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 84.076 % | £100,891 | £220,891 |
| 3 Month Average | 37.250 % | £44,700 | £164,700 |
| 6 Month Average | 6.221 % | £7,465 | £127,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £410,418 | £400,000 | 47C SPILSBY ROAD |
| 15 Jun 2023 | £250,010 | £245,000 | 90 BANOVALLUM GARDENS |
| 27 Jan 2023 | £160,429 | £160,000 | 9 COWLING CLOSE |
| 24 Jun 2022 | £429,174 | £420,000 | 15 MALTBY WAY |
| 31 May 2022 | £225,885 | £220,000 | 88 BANOVALLUM GARDENS |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Feb 2016. Using an estimated price of £147,868 means this house is valued at £1,998 per sq meter (£185 per sq foot).
The average size of a house on HOLT LANE is 155 sq meters (1,676 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holt Lane |
| May 2024 | Anti-social behaviour | On or near Jessop Close | |
| May 2024 | Anti-social behaviour | On or near Jessop Close | |
| May 2024 | Anti-social behaviour | On or near Jessop Close |