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

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 LEASINGHAM LANE is a small detached house of 94m², built sometime between 1976 and 1982. It was last sold for £168,000 in December 2015, which was around 21% 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	£211,694	21% below HPI
2002 7 FEB	£86,000	£96,754	11% below HPI
2000 14 NOV	£77,500	£80,558	4% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

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 in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 1 LEASINGHAM LANE lies on this distribution: 32% of detached houses are smaller than 1 LEASINGHAM LANE, and 66% 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.