MALLETTS BARN, HIGH STREET, HEIGHINGTON, LINCOLN, LN4 1RG - £425,000

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.

MALLETTS BARN is a very large extended detached house of 272m², built sometime between 2003 and 2006, which could now be worth an estimated £617,594. It was last sold for £425,000 in December 2015, which was around 103% above the average December 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

MALLETTS BARN Sold Prices

Land registry data shows two sales for MALLETTS BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two MALLETTS BARN 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
2015 21 DEC	£425,000	£209,013	103% above HPI
2013 13 NOV	£419,000	£184,527	127% above HPI

MALLETTS BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two MALLETTS BARN sales from November 2013 and December 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 November 2013 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the December 2015 sale, where it falls to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might MALLETTS BARN be worth now?

MALLETTS BARN might now be worth an estimated £617,594.

This is based on house price inflation of 45.3%, between December 2015 and June 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.3% inflationary increase is applied to the most recent sale price for MALLETTS BARN of £425,000 on 21st December 2015. For the value to have increased from £425,000 to £617,594 over the ten years and six months to June 2025, the following assumptions must hold true:

• The value of MALLETTS BARN has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2015 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of MALLETTS BARN has not materially changed since December 2015.

How Large is MALLETTS BARN?

MALLETTS BARN is 272m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses houses in Heighington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heighington, and where MALLETTS BARN lies on this distribution: 98% of detached houses houses are smaller than MALLETTS BARN, and 2% of houses are larger. Note that EPC data is not available for all properties in Heighington.

MALLETTS BARN: Plot and Title Map

MALLETTS BARN sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of MALLETTS BARN, 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 MALLETTS BARN). 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 MALLETTS BARN?

MALLETTS BARN is located on HIGH STREET in HEIGHINGTON, in the LN4 postcode district. The below map shows the position of MALLETTS BARN on HIGH STREET.