12, NEWBOLT CLOSE, CAISTOR, MARKET RASEN, LN7 6NY - £70,000

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.

12 NEWBOLT CLOSE is a detached house, which could now be worth an estimated £129,800. It was last sold for £70,000 in February 2004, which was around 55% below the average February 2004 detached price in the West Lindsey local authority area.

12 NEWBOLT CLOSE Sold Prices

Land registry data shows two sales for 12 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. Both of the two 12 NEWBOLT CLOSE 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
2004 27 FEB	£70,000	£153,947	55% below HPI
1995 8 MAR	£51,500	£63,232	19% below HPI

What might 12 NEWBOLT CLOSE be worth now?

12 NEWBOLT CLOSE might now be worth an estimated £129,800.

This is based on house price inflation of 85.4%, between February 2004 and May 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 85.4% inflationary increase is applied to the most recent sale price for 12 NEWBOLT CLOSE of £70,000 on 27th February 2004. For the value to have increased from £70,000 to £129,800 over the 21 years and nine months to May 2026, the following assumptions must hold true:

• The value of 12 NEWBOLT CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2004 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NEWBOLT CLOSE has not materially changed since February 2004.

Where is 12 NEWBOLT CLOSE?

12 NEWBOLT CLOSE is located in CAISTOR, in the LN7 postcode district.