£189,931
This estimated value is based upon the latest sale price for the house of £134,000 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Wood Lane
More crime details
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| Price Paid | Date |
|---|---|
| £134,000 | 23 Oct 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 October 2015 the House Price Index for LINCOLNSHIRE was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £134,000 results in an estimated price of approximately £189,931.
| 23 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £134,000 | £55,931 | £189,931 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 29.032 % | £38,902 | £172,902 |
| 3 Month Average | 36.160 % | £48,455 | £182,455 |
| 6 Month Average | 30.214 % | £40,487 | £174,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £183,643 | £178,000 | 5 OAK CLOSE |
| 6 Dec 2023 | £154,755 | £150,000 | 55 WALLIS ROAD |
| 5 Oct 2023 | £214,880 | £210,000 | 6 OAK CLOSE |
| 26 Jul 2022 | £227,277 | £225,000 | 2 SYCAMORE DRIVE |
| 30 Jun 2022 | £160,429 | £157,000 | 61 WALLIS ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Apr 2015. Using an estimated price of £189,932 means this house is valued at £2,134 per sq meter (£198 per sq foot).
The average size of a house on WOOD LANE is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wood Lane |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Wood Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Wood Lane |
| Jul 2024 | Other theft | Under investigation | On or near Wood Lane |
| Sep 2024 | Anti-social behaviour | On or near Wood Way |