12, SCHOOL LANE, HELPRINGHAM, SLEAFORD, NG34 0RG - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 SCHOOL LANE is a midsized extended terraced house of 124m², built sometime between 1930 and 1949, which could now be worth an estimated £217,197. It was last sold for £195,000 in May 2021, which was around 31% above the average May 2021 terraced price in the North Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was B.

12 SCHOOL LANE Sold Prices

Land registry data shows four sales for 12 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. All of the four 12 SCHOOL 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
2021 14 MAY	£195,000	£148,319	31% above HPI
2020 22 DEC	£195,000	£144,838	35% above HPI
2006 24 JUL	£180,000	£102,269	76% above HPI
2004 2 JUL	£125,000	£90,525	38% above HPI

12 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The four 12 SCHOOL LANE sales between July 2004 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 December 2020 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2021 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 12 SCHOOL LANE be worth now?

12 SCHOOL LANE might now be worth an estimated £217,197.

This is based on house price inflation of 11.4%, between May 2021 and July 2025, for terraced houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.4% inflationary increase is applied to the most recent sale price for 12 SCHOOL LANE of £195,000 on 14th May 2021. For the value to have increased from £195,000 to £217,197 over the three years and ten months to July 2025, the following assumptions must hold true:

• The value of 12 SCHOOL LANE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The May 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SCHOOL LANE has not materially changed since May 2021.

How Large is 12 SCHOOL LANE?

12 SCHOOL LANE is 124m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of terraced houses houses in Helpringham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Helpringham, and where 12 SCHOOL LANE lies on this distribution: 48% of terraced houses houses are smaller than 12 SCHOOL LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Helpringham.

12 SCHOOL LANE: Plot and Title Map

12 SCHOOL LANE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 12 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 12 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 12 SCHOOL LANE?

12 SCHOOL LANE is located in HELPRINGHAM, in the NG34 postcode district. The below map shows the position of No. 12 on SCHOOL LANE.