4, NEWBOLT CLOSE, CAISTOR, MARKET RASEN, LN7 6NY - £117,500

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.

4 NEWBOLT CLOSE is a detached house, which could now be worth an estimated £200,218. It was last sold for £117,500 in May 2005, which was around 31% below the average May 2005 detached price in the West Lindsey local authority area.

4 NEWBOLT CLOSE Sold Prices

Land registry data shows two sales for 4 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 4 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 19 MAY	£117,500	£169,757	31% below HPI
1996 29 NOV	£49,000	£63,716	23% below HPI

What might 4 NEWBOLT CLOSE be worth now?

4 NEWBOLT CLOSE might now be worth an estimated £200,218.

This is based on house price inflation of 70.4%, between May 2005 and April 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 70.4% inflationary increase is applied to the most recent sale price for 4 NEWBOLT CLOSE of £117,500 on 19th May 2005. For the value to have increased from £117,500 to £200,218 over the 21 years and one month to April 2026, the following assumptions must hold true:

• The value of 4 NEWBOLT CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2005 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 4 NEWBOLT CLOSE has not materially changed since May 2005.

Where is 4 NEWBOLT CLOSE?

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