1, SCHOOL LANE, SILK WILLOUGHBY, SLEAFORD, NG34 8PG - £345,000

1 SCHOOL LANE is a very large detached house of 229m², built sometime from 2007 onwards. It was last sold for £345,000 in April 2013, which was around 91% above the average April 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

1 SCHOOL LANE Sold Prices

Land registry data shows two sales for 1 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 1 SCHOOL LANE 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
2013 5 APR	£345,000	£180,409	91% above HPI
1999 2 FEB	£94,000	£70,979	32% above HPI

1 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 1 SCHOOL LANE sales from February 1999 and April 2013 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 February 1999 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2013 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is 1 SCHOOL LANE?

1 SCHOOL LANE is 229m² according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of detached houses in Silk Willoughby, based on EPC data. The below chart shows the distribution of detached houses by size in Silk Willoughby, and where 1 SCHOOL LANE lies on this distribution: 89% of detached houses are smaller than 1 SCHOOL LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Silk Willoughby.

1 SCHOOL LANE: Plot and Title Map

1 SCHOOL LANE sits on a plot of roughly 0.193 of an acre, or 783m². The below map shows the location of 1 SCHOOL LANE, 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 1 SCHOOL LANE). 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 1 SCHOOL LANE?

1 SCHOOL LANE is located in SILK WILLOUGHBY, in the NG34 postcode district. The below map shows the position of No. 1 on SCHOOL LANE.