11, SCHOOL LANE, STOW, LINCOLN, LN1 2DQ - £220,000

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 SCHOOL LANE is a very small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £220,000 in September 2021, which was around 13% below the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

11 SCHOOL LANE Sold Prices

Land registry data shows three sales for 11 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 11 SCHOOL 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 6 SEP	£220,000	£252,547	13% below HPI
2001 20 JUL	£81,000	£84,676	4% below HPI
1995 27 OCT	£54,500	£59,109	8% below HPI

11 SCHOOL 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 three 11 SCHOOL LANE sales between October 1995 and September 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 July 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 11 SCHOOL LANE?

11 SCHOOL LANE is 101m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Stow, based on EPC data. The below chart shows the distribution of detached houses by size in Stow, and where 11 SCHOOL LANE lies on this distribution: 15% of detached houses are smaller than 11 SCHOOL LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Stow.

11 SCHOOL LANE: Plot and Title Map

11 SCHOOL LANE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 11 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 11 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 11 SCHOOL LANE?

11 SCHOOL LANE is located in STOW, in the LN1 postcode district. The below map shows the position of No. 11 on SCHOOL LANE.