22, NEWBOLT CLOSE, CAISTOR, MARKET RASEN, LN7 6NY - £138,000

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.

22 NEWBOLT CLOSE is a detached house, which could now be worth an estimated £215,031. It was last sold for £138,000 in August 2005, which was around 25% below the average August 2005 detached price in the West Lindsey local authority area.

22 NEWBOLT CLOSE Sold Prices

Land registry data shows two sales for 22 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 22 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
2005 12 AUG	£138,000	£183,200	25% below HPI
2001 7 DEC	£70,000	£90,381	23% below HPI

What might 22 NEWBOLT CLOSE be worth now?

22 NEWBOLT CLOSE might now be worth an estimated £215,031.

This is based on house price inflation of 55.8%, between August 2005 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 55.8% inflationary increase is applied to the most recent sale price for 22 NEWBOLT CLOSE of £138,000 on 12th August 2005. For the value to have increased from £138,000 to £215,031 over the 21 years and three months to May 2026, the following assumptions must hold true:

• The value of 22 NEWBOLT CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2005 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 22 NEWBOLT CLOSE has not materially changed since August 2005.

Where is 22 NEWBOLT CLOSE?

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