1A, CASTLE HILL, CAISTOR, MARKET RASEN, LN7 6UQ - £347,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1A CASTLE HILL is a large detached house of 154m², built sometime between 1976 and 1982, which could now be worth an estimated £442,087. It was last sold for £347,500 in August 2019, which was around 55% above the average August 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

1A CASTLE HILL Sold Prices

Land registry data shows two sales for 1A CASTLE HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 1A CASTLE HILL sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 29 AUG	£347,500	£224,386	55% above HPI
2017 1 SEP	£233,000	£219,976	6% above HPI

1A CASTLE HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 1A CASTLE HILL sales from September 2017 and August 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2017 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2019 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 1A CASTLE HILL be worth now?

1A CASTLE HILL might now be worth an estimated £442,087.

This is based on house price inflation of 27.2%, between August 2019 and May 2026, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.2% inflationary increase is applied to the most recent sale price for 1A CASTLE HILL of £347,500 on 29th August 2019. For the value to have increased from £347,500 to £442,087 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 1A CASTLE HILL has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2019 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 1A CASTLE HILL has not materially changed since August 2019.

How Large is 1A CASTLE HILL?

1A CASTLE HILL is 154m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caistor, and where 1A CASTLE HILL lies on this distribution: 79% of detached houses houses are smaller than 1A CASTLE HILL, and 20% of houses are larger. Note that EPC data is not available for all properties in Caistor.

1A CASTLE HILL: Plot and Title Map

1A CASTLE HILL sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 1A CASTLE HILL, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1A CASTLE HILL). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1A CASTLE HILL?

1A CASTLE HILL is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 1A on CASTLE HILL.