1, LEASINGHAM LANE, RUSKINGTON, SLEAFORD, NG34 9AG - £168,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 LEASINGHAM LANE is a small detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £243,343. It was last sold for £168,000 in December 2015, which was around 20% below the average December 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

1 LEASINGHAM LANE Sold Prices

Land registry data shows three sales for 1 LEASINGHAM LANE 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 LEASINGHAM 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
2015 16 DEC	£168,000	£209,013	20% below HPI
2002 7 FEB	£86,000	£95,529	10% below HPI
2000 14 NOV	£77,500	£79,538	3% below HPI

1 LEASINGHAM 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 three 1 LEASINGHAM LANE sales between November 2000 and December 2015 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 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 LEASINGHAM LANE be worth now?

1 LEASINGHAM LANE might now be worth an estimated £243,343.

This is based on house price inflation of 44.8%, between December 2015 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.8% inflationary increase is applied to the most recent sale price for 1 LEASINGHAM LANE of £168,000 on 16th December 2015. For the value to have increased from £168,000 to £243,343 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 LEASINGHAM LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2015 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LEASINGHAM LANE has not materially changed since December 2015.

How Large is 1 LEASINGHAM LANE?

1 LEASINGHAM LANE is 94m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruskington, and where 1 LEASINGHAM LANE lies on this distribution: 32% of detached houses houses are smaller than 1 LEASINGHAM LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

1 LEASINGHAM LANE: Plot and Title Map

1 LEASINGHAM LANE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 1 LEASINGHAM 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 LEASINGHAM 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 LEASINGHAM LANE?

1 LEASINGHAM LANE is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 1 on LEASINGHAM LANE.