12, WESTBOROUGH LANE, LONG BENNINGTON, NEWARK, NG23 5HD - £330,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 WESTBOROUGH LANE is a small extended detached house of 133m², built sometime between 1950 and 1966. It was last sold for £330,000 in March 2021, which was about the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

12 WESTBOROUGH LANE Sold Prices

Land registry data shows five sales for 12 WESTBOROUGH LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. The five 12 WESTBOROUGH LANE sales were a mix of roughly equal to the average price, above the average price, and 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 30 MAR	£330,000	£329,215	Close to HPI
2016 4 JUL	£305,000	£266,742	14% above HPI
2011 30 SEP	£210,000	£226,214	7% below HPI
2001 18 JUN	£95,000	£120,875	21% below HPI
1997 22 APR	£63,000	£75,512	17% below HPI

12 WESTBOROUGH 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 five 12 WESTBOROUGH LANE sales between April 1997 and March 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 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 12 WESTBOROUGH LANE?

12 WESTBOROUGH LANE is 133m², which includes three extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses by size in Long Bennington, and where 12 WESTBOROUGH LANE lies on this distribution: 37% of detached houses are smaller than 12 WESTBOROUGH LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

12 WESTBOROUGH LANE: Plot and Title Map

12 WESTBOROUGH LANE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 12 WESTBOROUGH 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 WESTBOROUGH 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 WESTBOROUGH LANE?

12 WESTBOROUGH LANE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 12 on WESTBOROUGH LANE.