12, THISTLETON LANE, SOUTH WITHAM, GRANTHAM, NG33 5QE - £215,000

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 THISTLETON LANE is a midsized extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £274,277. It was last sold for £215,000 in January 2018, which was around 25% below the average January 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

12 THISTLETON LANE Sold Prices

Land registry data shows two sales for 12 THISTLETON LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 12 THISTLETON 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
2018 31 JAN	£215,000	£285,849	25% below HPI
1996 20 DEC	£47,000	£71,986	35% below HPI

12 THISTLETON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 12 THISTLETON LANE sales from December 1996 and January 2018 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 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 12 THISTLETON LANE be worth now?

12 THISTLETON LANE might now be worth an estimated £274,277.

This is based on house price inflation of 27.6%, between January 2018 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.6% inflationary increase is applied to the most recent sale price for 12 THISTLETON LANE of £215,000 on 31st January 2018. For the value to have increased from £215,000 to £274,277 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12 THISTLETON LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THISTLETON LANE has not materially changed since January 2018.

How Large is 12 THISTLETON LANE?

12 THISTLETON LANE is 94m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses houses in South Witham, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Witham, and where 12 THISTLETON LANE lies on this distribution: 47% of detached houses houses are smaller than 12 THISTLETON LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in South Witham.

12 THISTLETON LANE: Plot and Title Map

12 THISTLETON LANE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 12 THISTLETON 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 THISTLETON 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 THISTLETON LANE?

12 THISTLETON LANE is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 12 on THISTLETON LANE.