2, SCOTHERN ROAD, NETTLEHAM, LINCOLN, LN2 2TX - £350,000

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 SCOTHERN ROAD is a terraced house, which could now be worth an estimated £570,354. It was last sold for £350,000 in December 2012, which was around 298% above the average December 2012 terraced price in the West Lindsey local authority area.

2 SCOTHERN ROAD Sold Prices

Land registry data shows two sales for 2 SCOTHERN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. Both of the two 2 SCOTHERN ROAD 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
2012 14 DEC	£350,000	£87,882	298% above HPI
2001 14 MAY	£90,000	£37,079	143% above HPI

What might 2 SCOTHERN ROAD be worth now?

2 SCOTHERN ROAD might now be worth an estimated £570,354.

This is based on house price inflation of 63%, between December 2012 and May 2026, for terraced 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 63% inflationary increase is applied to the most recent sale price for 2 SCOTHERN ROAD of £350,000 on 14th December 2012. For the value to have increased from £350,000 to £570,354 over the fourteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 SCOTHERN ROAD has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The December 2012 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SCOTHERN ROAD has not materially changed since December 2012.

Where is 2 SCOTHERN ROAD?

2 SCOTHERN ROAD is located in NETTLEHAM, in the LN2 postcode district.