48, HUTTON WAY, FALDINGWORTH, MARKET RASEN, LN8 3FT - £165,000

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.

48 HUTTON WAY is a very small terraced house of 76m², which could now be worth an estimated £176,273. It was last sold for £165,000 in September 2021, which was around 29% above the average September 2021 terraced price in the West Lindsey local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was A.

48 HUTTON WAY Sold Prices

Land registry data shows three sales for 48 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 48 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
2021 10 SEP	£165,000	£127,929	29% above HPI
2018 2 JUL	£148,000	£110,188	34% above HPI
2016 21 OCT	£129,950	£102,162	27% above HPI

48 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 48 HUTTON WAY sales between October 2016 and September 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 July 2018 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 48 HUTTON WAY be worth now?

48 HUTTON WAY might now be worth an estimated £176,273.

This is based on house price inflation of 6.8%, between September 2021 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 6.8% inflationary increase is applied to the most recent sale price for 48 HUTTON WAY of £165,000 on 10th September 2021. For the value to have increased from £165,000 to £176,273 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 48 HUTTON WAY has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The September 2021 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 48 HUTTON WAY has not materially changed since September 2021.

How Large is 48 HUTTON WAY?

48 HUTTON WAY is 76m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% 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 48 HUTTON WAY lies on this distribution: 4% of terraced houses houses are smaller than 48 HUTTON WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Faldingworth.

48 HUTTON WAY: Plot and Title Map

48 HUTTON WAY sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 48 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 48 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 48 HUTTON WAY?

48 HUTTON WAY is located in FALDINGWORTH, in the LN8 postcode district. The below map shows the position of No. 48 on HUTTON WAY.