3, GALBA ROAD, CAISTOR, MARKET RASEN, LN7 6GN - £115,000

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.

3 GALBA ROAD is a very small terraced house of 70m², built in 2013, which could now be worth an estimated £153,014. It was last sold for £115,000 in August 2017, which was around 5% above the average August 2017 terraced price in the West Lindsey local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

3 GALBA ROAD Sold Prices

Land registry data shows two sales for 3 GALBA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. Both of the two 3 GALBA ROAD 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
2017 25 AUG	£115,000	£109,791	5% above HPI
2013 11 OCT	£99,995	£90,337	11% above HPI

3 GALBA ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The two 3 GALBA ROAD sales from October 2013 and August 2017 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 October 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2017 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 3 GALBA ROAD be worth now?

3 GALBA ROAD might now be worth an estimated £153,014.

This is based on house price inflation of 33.1%, between August 2017 and April 2026, for terraced 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 33.1% inflationary increase is applied to the most recent sale price for 3 GALBA ROAD of £115,000 on 25th August 2017. For the value to have increased from £115,000 to £153,014 over the nine years and four months to April 2026, the following assumptions must hold true:

• The value of 3 GALBA ROAD has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The August 2017 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GALBA ROAD has not materially changed since August 2017.

How Large is 3 GALBA ROAD?

3 GALBA ROAD is 70m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of terraced houses houses in Caistor, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Caistor, and where 3 GALBA ROAD lies on this distribution: 6% of terraced houses houses are smaller than 3 GALBA ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Caistor.

3 GALBA ROAD: Plot and Title Map

3 GALBA ROAD sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 3 GALBA ROAD, 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 3 GALBA ROAD). 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 3 GALBA ROAD?

3 GALBA ROAD is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 3 on GALBA ROAD.