12, PARK LEA, RUSKINGTON, SLEAFORD, NG34 9HU - £145,000

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

12 PARK LEA is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £145,000 in July 2012, which was around 19% below the average July 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2011, where the current energy rating was E, and the potential energy rating was E.

12 PARK LEA Sold Prices

Land registry data shows two sales for 12 PARK LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 12 PARK LEA 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 2 JUL	£145,000	£179,029	19% below HPI
1995 20 DEC	£54,500	£61,149	11% below HPI

12 PARK LEA 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 two 12 PARK LEA sales from December 1995 and July 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 December 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 12 PARK LEA?

12 PARK LEA is 77m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 20% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 12 PARK LEA lies on this distribution: 15% of detached houses are smaller than 12 PARK LEA, and 85% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

12 PARK LEA: Plot and Title Map

12 PARK LEA sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 12 PARK LEA, 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 12 PARK LEA). 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 12 PARK LEA?

12 PARK LEA is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 12 on PARK LEA.