7, THE STEEPERS, NETTLEHAM, LINCOLN, LN2 2SX - £147,500

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 THE STEEPERS is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £227,253. It was last sold for £147,500 in June 2015, which was around 23% below the average June 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

7 THE STEEPERS Sold Prices

Land registry data shows two sales for 7 THE STEEPERS 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. Both of the two 7 THE STEEPERS sales were for below 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
2015 3 JUN	£147,500	£190,932	23% below HPI
2003 17 OCT	£109,000	£149,607	27% below HPI

7 THE STEEPERS 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 THE STEEPERS sales from October 2003 and June 2015 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 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 7 THE STEEPERS be worth now?

7 THE STEEPERS might now be worth an estimated £227,253.

This is based on house price inflation of 54.1%, between June 2015 and March 2025, 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 54.1% inflationary increase is applied to the most recent sale price for 7 THE STEEPERS of £147,500 on 3rd June 2015. For the value to have increased from £147,500 to £227,253 over the ten years and three months to March 2025, the following assumptions must hold true:

• The value of 7 THE STEEPERS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2015 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 7 THE STEEPERS has not materially changed since June 2015.

How Large is 7 THE STEEPERS?

7 THE STEEPERS is 61m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nettleham, and where 7 THE STEEPERS lies on this distribution: Less than 1% of detached houses houses are smaller than 7 THE STEEPERS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

7 THE STEEPERS: Plot and Title Map

7 THE STEEPERS sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 7 THE STEEPERS, 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 THE STEEPERS). 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 THE STEEPERS?

7 THE STEEPERS is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 7 on THE STEEPERS.