34, HUTTON WAY, FALDINGWORTH, MARKET RASEN, LN8 3FT - £250,000

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.

34 HUTTON WAY is a small terraced house of 126m², which could now be worth an estimated £238,691. It was last sold for £250,000 in November 2022, which was around 75% above the average November 2022 terraced price in the West Lindsey local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

34 HUTTON WAY Sold Prices

Land registry data shows three sales for 34 HUTTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the three 34 HUTTON WAY 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
2022 18 NOV	£250,000	£143,144	75% above HPI
2019 21 JUN	£188,000	£106,824	76% above HPI
2017 24 MAR	£179,950	£101,872	77% above HPI

34 HUTTON WAY 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 three 34 HUTTON WAY sales between March 2017 and November 2022 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 June 2019 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the November 2022 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 34 HUTTON WAY be worth now?

34 HUTTON WAY might now be worth an estimated £238,691.

This is based on house price deflation of 4.5%, between November 2022 and June 2025, 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 4.5% deflationary decrease is applied to the most recent sale price for 34 HUTTON WAY of £250,000 on 18th November 2022. For the value to have decreased from £250,000 to £238,691 over the three years and five months to June 2025, the following assumptions must hold true:

• The value of 34 HUTTON WAY has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The November 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 34 HUTTON WAY has not materially changed since November 2022.

How Large is 34 HUTTON WAY?

34 HUTTON WAY is 126m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of terraced houses houses in Faldingworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Faldingworth, and where 34 HUTTON WAY lies on this distribution: 23% of terraced houses houses are smaller than 34 HUTTON WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Faldingworth.

34 HUTTON WAY: Plot and Title Map

34 HUTTON WAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 34 HUTTON WAY, 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 34 HUTTON WAY). 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 34 HUTTON WAY?

34 HUTTON WAY is located in FALDINGWORTH, in the LN8 postcode district. The below map shows the position of No. 34 on HUTTON WAY.