37, NAVIGATION LANE, CAISTOR, MARKET RASEN, LN7 6NH - £240,000

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.

37 NAVIGATION LANE is a midsized detached house of 116m², built sometime between 1976 and 1982, which could now be worth an estimated £249,956. It was last sold for £240,000 in February 2022, which was around 14% below the average February 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

37 NAVIGATION LANE Sold Prices

Land registry data shows four sales for 37 NAVIGATION LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four 37 NAVIGATION LANE sales were for below 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 16 FEB	£240,000	£277,741	14% below HPI
2016 12 OCT	£175,000	£208,228	16% below HPI
2003 27 AUG	£159,950	£144,733	11% above HPI
2002 18 APR	£88,000	£99,607	12% below HPI

37 NAVIGATION LANE 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 four 37 NAVIGATION LANE sales between April 2002 and February 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 October 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 37 NAVIGATION LANE be worth now?

37 NAVIGATION LANE might now be worth an estimated £249,956.

This is based on house price inflation of 4.1%, between February 2022 and April 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 4.1% inflationary increase is applied to the most recent sale price for 37 NAVIGATION LANE of £240,000 on 16th February 2022. For the value to have increased from £240,000 to £249,956 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 37 NAVIGATION LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 37 NAVIGATION LANE has not materially changed since February 2022.

How Large is 37 NAVIGATION LANE?

37 NAVIGATION LANE is 116m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% 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 37 NAVIGATION LANE lies on this distribution: 45% of detached houses houses are smaller than 37 NAVIGATION LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Caistor.

37 NAVIGATION LANE: Plot and Title Map

37 NAVIGATION LANE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 37 NAVIGATION LANE, 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 37 NAVIGATION LANE). 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 37 NAVIGATION LANE?

37 NAVIGATION LANE is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 37 on NAVIGATION LANE.