1, LEAS ROAD, GREAT HALE, SLEAFORD, NG34 9LP - £279,950

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 LEAS ROAD is a midsized extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £279,950 in January 2022, which was around 4% below the average January 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

1 LEAS ROAD Sold Prices

Land registry data shows three sales for 1 LEAS ROAD 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 1 LEAS ROAD 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
2022 6 JAN	£279,950	£292,152	4% below HPI
2016 31 MAR	£189,950	£216,837	12% below HPI
2012 22 NOV	£149,750	£179,299	16% below HPI

1 LEAS ROAD 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 1 LEAS ROAD sales between November 2012 and January 2022 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 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 LEAS ROAD?

1 LEAS ROAD is 108m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 50% of detached houses in Great Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Great Hale, and where 1 LEAS ROAD lies on this distribution: 58% of detached houses are smaller than 1 LEAS ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Great Hale.

1 LEAS ROAD: Plot and Title Map

1 LEAS ROAD sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 1 LEAS ROAD, 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 LEAS ROAD). 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 LEAS ROAD?

1 LEAS ROAD is located in GREAT HALE, in the NG34 postcode district. The below map shows the position of No. 1 on LEAS ROAD.