£471,400
This estimated value is based upon the latest sale price for the house of £280,000 on 25 May 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 25 May 2012 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,895 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 2012 the House Price Index for LINCOLNSHIRE was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.357%.Applying this 68.357% change to the original purchase price of £280,000 results in an estimated price of approximately £471,400.
| 25 May 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.357 % | £280,000 | £191,400 | £471,400 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 41.078 % | £115,018 | £395,018 |
| 3 Month Average | 31.487 % | £88,163 | £368,163 |
| 6 Month Average | 48.859 % | £136,806 | £416,806 |
This house has a floor area of 176 sq meters or 1,895 sq feet when measured on 27 Sep 2011.
The average size of a house on RAWSONS LANE is 316 sq meters (3,403 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Moorings |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Moorings |
| Mar 2024 | Anti-social behaviour | On or near Pilley'S Lane | |
| Dec 2023 | Anti-social behaviour | On or near Horncastle Road | |
| Dec 2023 | Anti-social behaviour | On or near Horncastle Road |