4, THE DRIFT, WALCOTT, LINCOLN, LN4 3SZ - £255,000

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.

4 THE DRIFT is a midsized detached house of 117m², built in 2015, which could now be worth an estimated £332,237. It was last sold for £255,000 in March 2018, which was around 8% above the average March 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

4 THE DRIFT Sold Prices

Land registry data shows one sale for 4 THE DRIFT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 16 MAR	£255,000	£235,203	8% above HPI

What might 4 THE DRIFT be worth now?

4 THE DRIFT might now be worth an estimated £332,237.

This is based on house price inflation of 30.3%, between March 2018 and May 2026, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.3% inflationary increase is applied to the most recent sale price for 4 THE DRIFT of £255,000 on 16th March 2018. For the value to have increased from £255,000 to £332,237 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 THE DRIFT has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2018 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE DRIFT has not materially changed since March 2018.

How Large is 4 THE DRIFT?

4 THE DRIFT is 117m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% 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 THE DRIFT lies on this distribution: 47% of detached houses are smaller than 4 THE DRIFT, and 53% of detached houses are larger. Note that EPC data is not available for all properties in Walcott.

4 THE DRIFT: Plot

4 THE DRIFT sits on a plot of roughly 0.084 of an acre, or 341m².

Where is 4 THE DRIFT?

4 THE DRIFT is located in WALCOTT, in the LN4 postcode district.