2, ABBOTS WAY, SCOTHERN, LINCOLN, LN2 2FA - £362,000

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.

2 ABBOTS WAY is a small detached house of 131m², built in 2016, which could now be worth an estimated £476,351. It was last sold for £362,000 in October 2017, which was around 67% above the average October 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

2 ABBOTS WAY Sold Prices

Land registry data shows one sale for 2 ABBOTS WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 27 OCT	£362,000	£216,935	67% above HPI

What might 2 ABBOTS WAY be worth now?

2 ABBOTS WAY might now be worth an estimated £476,351.

This is based on house price inflation of 31.6%, between October 2017 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 31.6% inflationary increase is applied to the most recent sale price for 2 ABBOTS WAY of £362,000 on 27th October 2017. For the value to have increased from £362,000 to £476,351 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 2 ABBOTS WAY has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2017 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ABBOTS WAY has not materially changed since October 2017.

How Large is 2 ABBOTS WAY?

2 ABBOTS WAY is 131m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses in Scothern, based on EPC data. The below chart shows the distribution of detached houses by size in Scothern, and where 2 ABBOTS WAY lies on this distribution: 39% of detached houses are smaller than 2 ABBOTS WAY, and 59% of detached houses are larger. Note that EPC data is not available for all properties in Scothern.

2 ABBOTS WAY: Plot

2 ABBOTS WAY sits on a plot of roughly 0.070 of an acre, or 285m².

Where is 2 ABBOTS WAY?

2 ABBOTS WAY is located in SCOTHERN, in the LN2 postcode district.