1, LOTHIAN WAY, GREYLEES, SLEAFORD, NG34 8FZ - £235,000

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 LOTHIAN WAY is a midsized detached house of 154m², built sometime from 2007 onwards. It was last sold for £235,000 in September 2015, which was around 10% above the average September 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

1 LOTHIAN WAY Sold Prices

Land registry data shows four sales for 1 LOTHIAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 1 LOTHIAN WAY 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
2015 14 SEP	£235,000	£212,724	10% above HPI
2015 26 JUN	£250,000	£202,138	24% above HPI
2010 25 JAN	£228,000	£182,906	25% above HPI
2008 25 JAN	£278,995	£191,025	46% above HPI

1 LOTHIAN WAY 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 four 1 LOTHIAN WAY sales between January 2008 and September 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 June 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2015 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 1 LOTHIAN WAY?

1 LOTHIAN WAY is 154m² according to the EPC inspection conducted in October 2009. This puts it in the largest 50% of detached houses in Greylees, based on EPC data. The below chart shows the distribution of detached houses by size in Greylees, and where 1 LOTHIAN WAY lies on this distribution: 57% of detached houses are smaller than 1 LOTHIAN WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Greylees.

1 LOTHIAN WAY: Plot and Title Map

1 LOTHIAN WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 1 LOTHIAN WAY, 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 LOTHIAN WAY). 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 LOTHIAN WAY?

1 LOTHIAN WAY is located in GREYLEES, in the NG34 postcode district. The below map shows the position of No. 1 on LOTHIAN WAY.