11, SANDY LANE, TEALBY, MARKET RASEN, LN8 3YF - £312,000

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

11 SANDY LANE is a small extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £312,000 in June 2015, which was around 66% above the average June 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

11 SANDY LANE Sold Prices

Land registry data shows four sales for 11 SANDY 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. All of the four 11 SANDY 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
2015 29 JUN	£312,000	£188,193	66% above HPI
2012 14 MAY	£250,000	£175,030	43% above HPI
2005 7 JAN	£189,000	£172,593	10% above HPI
2002 18 MAR	£133,750	£98,976	35% above HPI

11 SANDY 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 SANDY LANE sales between March 2002 and June 2015 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 2012 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the June 2015 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 11 SANDY LANE?

11 SANDY LANE is 121m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 11 SANDY LANE lies on this distribution: 26% of detached houses are smaller than 11 SANDY LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Tealby.

11 SANDY LANE: Plot and Title Map

11 SANDY LANE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 11 SANDY 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 SANDY 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 SANDY LANE?

11 SANDY LANE is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 11 on SANDY LANE.