FOUR INGS, INGS LANE, BELCHFORD, HORNCASTLE, LN9 6LP - £300,000

FOUR INGS is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £300,000 in April 2022, which was around 13% above the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2022, where the current energy rating was F, and the potential energy rating was B.

FOUR INGS Sold Prices

Land registry data shows three sales for FOUR INGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the three FOUR INGS sales was for above the average price, whilst two 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
2022 29 APR	£300,000	£265,146	13% above HPI
2013 5 DEC	£140,000	£165,366	15% below HPI
2012 30 MAR	£110,000	£158,319	31% below HPI

FOUR INGS 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 three FOUR INGS sales between March 2012 and April 2022 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 December 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is FOUR INGS?

FOUR INGS is 83m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Belchford, based on EPC data. The below chart shows the distribution of detached houses by size in Belchford, and where FOUR INGS lies on this distribution: 8% of detached houses are smaller than FOUR INGS, and 92% of houses are larger. Note that EPC data is not available for all properties in Belchford.

FOUR INGS: Plot and Title Map

FOUR INGS sits on a plot of roughly 0.268 of an acre, or 1,086m². The below map shows the location of FOUR INGS, 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 FOUR INGS). 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 FOUR INGS?

FOUR INGS is located on INGS LANE in BELCHFORD, in the LN9 postcode district. The below map shows the position of FOUR INGS on INGS LANE.