£238,965
This estimated value is based upon the latest sale price for the house of £43,000 on 19 May 1995. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £43,000 | 19 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 1995 the House Price Index for LINCOLNSHIRE was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 455.734%.Applying this 455.734% change to the original purchase price of £43,000 results in an estimated price of approximately £238,965.
| 19 May 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 455.734 % | £43,000 | £195,965 | £238,965 |
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 | 422.991 % | £181,886 | £224,886 |
| 3 Month Average | 403.686 % | £173,585 | £216,585 |
| 6 Month Average | 399.168 % | £171,642 | £214,642 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 May 2014.
The average size of a house on WOOD LANE is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wood Way |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wood Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wood Way |
| Jan 2024 | Anti-social behaviour | On or near Wood Way | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Way |