11, LODGE LANE, UPTON, GAINSBOROUGH, DN21 5NW - £242,000

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

11 LODGE LANE is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £242,000 in May 2021, which was around 4% below the average May 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

11 LODGE LANE Sold Prices

Land registry data shows four sales for 11 LODGE 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 West Lindsey local authority area for the corresponding sale date. Most of the four 11 LODGE 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
2021 21 MAY	£242,000	£251,203	4% below HPI
2019 25 APR	£222,500	£224,278	1% below HPI
2004 23 AUG	£185,000	£177,543	4% above HPI
1996 30 APR	£55,000	£61,986	11% below HPI

11 LODGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 11 LODGE LANE sales between April 1996 and May 2021 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 April 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 11 LODGE LANE?

11 LODGE LANE is 100m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses in Upton, based on EPC data. The below chart shows the distribution of detached houses by size in Upton, and where 11 LODGE LANE lies on this distribution: 36% of detached houses are smaller than 11 LODGE LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Upton.

11 LODGE LANE: Plot and Title Map

11 LODGE LANE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 11 LODGE 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 11 LODGE 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 11 LODGE LANE?

11 LODGE LANE is located in UPTON, in the DN21 postcode district. The below map shows the position of No. 11 on LODGE LANE.