10, WESTBOROUGH LANE, LONG BENNINGTON, NEWARK, NG23 5HD - £165,000

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 WESTBOROUGH LANE is a very small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £165,000 in August 2012, which was around 25% below the average August 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

10 WESTBOROUGH LANE Sold Prices

Land registry data shows two sales for 10 WESTBOROUGH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 10 WESTBOROUGH 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
2012 17 AUG	£165,000	£218,720	25% below HPI
1996 20 MAY	£60,000	£69,294	13% below HPI

10 WESTBOROUGH LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 10 WESTBOROUGH LANE sales from May 1996 and August 2012 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 May 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 10 WESTBOROUGH LANE?

10 WESTBOROUGH LANE is 99m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the smallest 20% of detached houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses by size in Long Bennington, and where 10 WESTBOROUGH LANE lies on this distribution: 15% of detached houses are smaller than 10 WESTBOROUGH LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

10 WESTBOROUGH LANE: Plot and Title Map

10 WESTBOROUGH LANE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 10 WESTBOROUGH 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 WESTBOROUGH 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 WESTBOROUGH LANE?

10 WESTBOROUGH LANE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 10 on WESTBOROUGH LANE.