7, NEWBOLT CLOSE, CAISTOR, MARKET RASEN, LN7 6NY - £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.

7 NEWBOLT CLOSE is a very small detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £287,882. It was last sold for £255,000 in September 2021, which was about the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

7 NEWBOLT CLOSE Sold Prices

Land registry data shows two sales for 7 NEWBOLT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 7 NEWBOLT CLOSE sales was roughly equal to the average price, whilst the other was 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 30 SEP	£255,000	£256,223	Close to HPI
1999 30 JUN	£71,900	£67,711	6% above HPI

7 NEWBOLT CLOSE 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 two 7 NEWBOLT CLOSE sales from June 1999 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 June 1999 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 7 NEWBOLT CLOSE be worth now?

7 NEWBOLT CLOSE might now be worth an estimated £287,882.

This is based on house price inflation of 12.9%, between September 2021 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 12.9% inflationary increase is applied to the most recent sale price for 7 NEWBOLT CLOSE of £255,000 on 30th September 2021. For the value to have increased from £255,000 to £287,882 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 7 NEWBOLT CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NEWBOLT CLOSE has not materially changed since September 2021.

How Large is 7 NEWBOLT CLOSE?

7 NEWBOLT CLOSE is 84m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% 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 7 NEWBOLT CLOSE lies on this distribution: 19% of detached houses houses are smaller than 7 NEWBOLT CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Caistor.

7 NEWBOLT CLOSE: Plot and Title Map

7 NEWBOLT CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 7 NEWBOLT CLOSE, 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 NEWBOLT CLOSE). 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 NEWBOLT CLOSE?

7 NEWBOLT CLOSE is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 7 on NEWBOLT CLOSE.