3, LOTHIAN WAY, GREYLEES, SLEAFORD, NG34 8FZ - £461,000

3 LOTHIAN WAY is a very large detached house of 211m², built sometime from 2007 onwards. It was last sold for £461,000 in February 2023, which was around 48% above the average February 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

3 LOTHIAN WAY Sold Prices

Land registry data shows three sales for 3 LOTHIAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 3 LOTHIAN WAY 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
2023 17 FEB	£461,000	£311,443	48% above HPI
2021 26 MAR	£420,000	£272,889	54% above HPI
2008 26 JUN	£282,000	£191,692	47% above HPI

3 LOTHIAN WAY 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 three 3 LOTHIAN WAY sales between June 2008 and February 2023 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 March 2021 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2023 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 3 LOTHIAN WAY?

3 LOTHIAN WAY is 211m² according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of detached houses in Greylees, based on EPC data. The below chart shows the distribution of detached houses by size in Greylees, and where 3 LOTHIAN WAY lies on this distribution: 88% of detached houses are smaller than 3 LOTHIAN WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Greylees.

3 LOTHIAN WAY: Plot and Title Map

3 LOTHIAN WAY sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 3 LOTHIAN WAY, 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 3 LOTHIAN WAY). 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 3 LOTHIAN WAY?

3 LOTHIAN WAY is located in GREYLEES, in the NG34 postcode district. The below map shows the position of No. 3 on LOTHIAN WAY.