10, OLD SCHOOL LANE, CRANWELL VILLAGE, SLEAFORD, NG34 8DF - £300,000

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

10 OLD SCHOOL LANE is a very large detached house of 162m², built sometime between 2003 and 2006. It was last sold for £300,000 in August 2023, which was around 1% below the average August 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

10 OLD SCHOOL LANE Sold Prices

Land registry data shows four sales for 10 OLD SCHOOL LANE 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. Most of the four 10 OLD SCHOOL LANE 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
2023 4 AUG	£300,000	£303,276	1% below HPI
2011 5 DEC	£215,000	£180,192	19% above HPI
2007 19 SEP	£226,000	£204,191	11% above HPI
2004 2 AUG	£205,000	£171,818	19% above HPI

10 OLD SCHOOL 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 four 10 OLD SCHOOL LANE sales between August 2004 and August 2023 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 December 2011 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 10 OLD SCHOOL LANE?

10 OLD SCHOOL LANE is 162m² according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cranwell, and where 10 OLD SCHOOL LANE lies on this distribution: 89% of detached houses are smaller than 10 OLD SCHOOL LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

10 OLD SCHOOL LANE: Plot and Title Map

10 OLD SCHOOL LANE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 10 OLD SCHOOL 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 10 OLD SCHOOL 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 10 OLD SCHOOL LANE?

10 OLD SCHOOL LANE is located in CRANWELL VILLAGE, in the NG34 postcode district. The below map shows the position of No. 10 on OLD SCHOOL LANE.