8, SPRING LANE, HORBLING, SLEAFORD, NG34 0PF - £325,000

8 SPRING LANE is a midsized detached house of 163m², built sometime between 2003 and 2006. It was last sold for £325,000 in November 2012, which was around 49% above the average November 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

8 SPRING LANE Sold Prices

Land registry data shows two sales for 8 SPRING 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 South Kesteven local authority area for the corresponding sale date. Both of the two 8 SPRING 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
2012 14 NOV	£325,000	£218,378	49% above HPI
2004 14 JUN	£270,000	£193,884	39% above HPI

8 SPRING LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 8 SPRING LANE sales from June 2004 and November 2012 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 June 2004 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2012 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 8 SPRING LANE?

8 SPRING LANE is 163m² according to the EPC inspection conducted in May 2012. This puts it in the largest 50% of detached houses in Horbling, based on EPC data. The below chart shows the distribution of detached houses by size in Horbling, and where 8 SPRING LANE lies on this distribution: 57% of detached houses are smaller than 8 SPRING LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Horbling.

8 SPRING LANE: Plot and Title Map

8 SPRING LANE sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 8 SPRING 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 8 SPRING 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 8 SPRING LANE?

8 SPRING LANE is located in HORBLING, in the NG34 postcode district. The below map shows the position of No. 8 on SPRING LANE.