1, MEGS LANE, NAVENBY, LINCOLN, LN5 0TE - £116,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MEGS LANE is a very small semi-detached house of 47m², built sometime between 1996 and 2002. It was last sold for £116,000 in May 2007, which was around 40% below the average May 2007 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

1 MEGS LANE Sold Prices

Land registry data shows three sales for 1 MEGS 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 MEGS 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
2007 4 MAY	£116,000	£192,929	40% below HPI
2004 5 JAN	£94,000	£155,871	40% below HPI
2001 3 MAY	£47,000	£82,253	43% below HPI

1 MEGS 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 MEGS LANE sales between May 2001 and May 2007 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 January 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2007 sale, which was also at 40% below the HPI.

How Large is 1 MEGS LANE?

1 MEGS LANE is 47m² according to the EPC inspection conducted in October 2022. 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 MEGS LANE lies on this distribution: Less than 1% of detached houses are smaller than 1 MEGS LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Navenby.

1 MEGS LANE: Plot and Title Map

1 MEGS LANE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 1 MEGS 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 MEGS 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 MEGS LANE?

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