Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 VICARAGE LANE is a small extended detached house of 119m², built sometime before 1900. It was last sold for £310,000 in September 2022, which was around 9% above the average September 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 VICARAGE LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 1 VICARAGE LANE sales was for above the average price, whilst the other was 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 23 SEP | £310,000 | £284,219 | 9% above HPI |
2005 14 OCT | £139,500 | £174,329 | 20% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 1 VICARAGE LANE sales from October 2005 and September 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 October 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
1 VICARAGE LANE is 119m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Grasby, based on EPC data. The below chart shows the distribution of detached houses by size in Grasby, and where 1 VICARAGE LANE lies on this distribution: 22% of detached houses are smaller than 1 VICARAGE LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Grasby.
1 VICARAGE LANE sits on a plot of roughly 0.274 of an acre, or 1,109m². The below map shows the location of 1 VICARAGE 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 VICARAGE 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.
1 VICARAGE LANE is located in GRASBY, in the DN38 postcode district. The below map shows the position of No. 1 on VICARAGE LANE.