1, HALES LANE, NAVENBY, LINCOLN, LN5 0TP - £161,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HALES LANE is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £161,500 in December 2010, which was around 13% below the average December 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

1 HALES LANE Sold Prices

Land registry data shows five sales for 1 HALES LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 1 HALES LANE 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
2010 8 DEC	£161,500	£186,606	13% below HPI
2007 3 JUL	£168,000	£199,913	16% below HPI
2003 11 NOV	£145,000	£149,843	3% below HPI
2001 7 SEP	£84,000	£89,607	6% below HPI
1995 21 JAN	£59,950	£63,873	6% below HPI

1 HALES 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 five 1 HALES LANE sales between January 1995 and December 2010 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 July 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2010 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 HALES LANE?

1 HALES LANE is 60m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 1 HALES LANE lies on this distribution: 4% of detached houses are smaller than 1 HALES LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Navenby.

1 HALES LANE: Plot and Title Map

1 HALES LANE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 1 HALES 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 HALES 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 HALES LANE?

1 HALES LANE is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 1 on HALES LANE.