7, MUIRFIELD WAY, WOODHALL SPA, LN10 6WB - £275,000

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.

7 MUIRFIELD WAY is a small detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £357,677. It was last sold for £275,000 in July 2020, which was around 25% above the average July 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

7 MUIRFIELD WAY Sold Prices

Land registry data shows four sales for 7 MUIRFIELD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 7 MUIRFIELD 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
2020 7 JUL	£275,000	£220,085	25% above HPI
2013 16 OCT	£218,000	£172,648	26% above HPI
2013 4 JAN	£197,000	£158,180	25% above HPI
2003 18 NOV	£177,995	£141,448	26% above HPI

7 MUIRFIELD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 7 MUIRFIELD WAY sales between November 2003 and July 2020 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 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 7 MUIRFIELD WAY be worth now?

7 MUIRFIELD WAY might now be worth an estimated £357,677.

This is based on house price inflation of 30.1%, between July 2020 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.1% inflationary increase is applied to the most recent sale price for 7 MUIRFIELD WAY of £275,000 on 7th July 2020. For the value to have increased from £275,000 to £357,677 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 7 MUIRFIELD WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MUIRFIELD WAY has not materially changed since July 2020.

How Large is 7 MUIRFIELD WAY?

7 MUIRFIELD WAY is 106m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodhall Spa, and where 7 MUIRFIELD WAY lies on this distribution: 36% of detached houses houses are smaller than 7 MUIRFIELD WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

7 MUIRFIELD WAY: Plot and Title Map

7 MUIRFIELD WAY sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 7 MUIRFIELD 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 7 MUIRFIELD 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 7 MUIRFIELD WAY?

7 MUIRFIELD WAY is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 7 on MUIRFIELD WAY.