4, BUTT LANE, WALCOTT, LINCOLN, LN4 3SS - £525,000

4 BUTT LANE is a large extended detached house of 184m², built sometime between 1930 and 1949. It was last sold for £525,000 in February 2021, which was around 92% above the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was D.

4 BUTT LANE Sold Prices

Land registry data shows three sales for 4 BUTT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 4 BUTT LANE 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
2021 15 FEB	£525,000	£273,488	92% above HPI
2013 23 JAN	£360,000	£180,308	100% above HPI
2002 17 JUL	£225,000	£109,372	106% above HPI

4 BUTT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 4 BUTT LANE sales between July 2002 and February 2021 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 January 2013 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the February 2021 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is 4 BUTT LANE?

4 BUTT LANE is 184m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where 4 BUTT LANE lies on this distribution: 76% of detached houses are smaller than 4 BUTT LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Walcott.

4 BUTT LANE: Plot and Title Map

4 BUTT LANE sits on a plot of roughly 0.325 of an acre, or 1,314m². The below map shows the location of 4 BUTT 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 4 BUTT 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 4 BUTT LANE?

4 BUTT LANE is located in WALCOTT, in the LN4 postcode district. The below map shows the position of No. 4 on BUTT LANE.