THE SHIELING, INGS LANE, BELCHFORD, HORNCASTLE, LN9 6LP - £384,000

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.

THE SHIELING is a small extended detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £550,366. It was last sold for £384,000 in October 2015, which was around 99% above the average October 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

THE SHIELING Sold Prices

Land registry data shows three sales for THE SHIELING since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three THE SHIELING 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
2015 15 OCT	£384,000	£192,524	99% above HPI
2012 28 NOV	£350,000	£159,636	119% above HPI
2002 22 FEB	£153,000	£95,249	61% above HPI

THE SHIELING Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three THE SHIELING sales between February 2002 and October 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2012 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the October 2015 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might THE SHIELING be worth now?

THE SHIELING might now be worth an estimated £550,366.

This is based on house price inflation of 43.3%, between October 2015 and August 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.3% inflationary increase is applied to the most recent sale price for THE SHIELING of £384,000 on 15th October 2015. For the value to have increased from £384,000 to £550,366 over the ten years and two months to August 2025, the following assumptions must hold true:

• The value of THE SHIELING has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2015 sale price of £384,000 represented a fair market value for the property.
• The size, condition, and specification of THE SHIELING has not materially changed since October 2015.

How Large is THE SHIELING?

THE SHIELING is 99m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the smallest 30% of detached houses houses in Belchford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belchford, and where THE SHIELING lies on this distribution: 23% of detached houses houses are smaller than THE SHIELING, and 77% of houses are larger. Note that EPC data is not available for all properties in Belchford.

THE SHIELING: Plot and Title Map

THE SHIELING sits on a plot of roughly 0.516 of an acre, or 2,088m². The below map shows the location of THE SHIELING, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE SHIELING). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE SHIELING?

THE SHIELING is located on INGS LANE in BELCHFORD, in the LN9 postcode district. The below map shows the position of THE SHIELING on INGS LANE.