£383,056
This estimated value is based upon the latest sale price for the house of £246,000 on 1 Apr 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £246,000 | 1 Apr 2014 |
| £164,000 | 23 Jan 2009 |
| £164,000 | 14 Jun 2004 |
| Detached |
| Freehold |
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 April 2014 the House Price Index for LINCOLNSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £246,000 results in an estimated price of approximately £383,056.
| 1 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £246,000 | £137,056 | £383,056 |
The Postcode Pricing Model uses changes in average sales price within the PE23 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 | 76.876 % | £189,115 | £435,115 |
| 3 Month Average | 69.856 % | £171,846 | £417,846 |
| 6 Month Average | 53.996 % | £132,831 | £378,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £287,022 | £282,000 | FLINTLOCK COTTAGE |
| 17 Nov 2023 | £441,537 | £435,000 | THE LILACS |
| 16 Aug 2023 | £405,548 | £402,000 | CASTLEVIEW HAGNABY ROAD |
| 6 Jul 2023 | £557,503 | £550,000 | THE LAURELS |
| 31 Aug 2022 | £408,899 | £410,000 | THE GARTH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Spilsby Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hagnaby Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hagnaby Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Main Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stones Lane |