14, GAS LANE, NAVENBY, LINCOLN, LN5 0EZ - £380,000

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

14 GAS LANE is a very large detached house of 166m², built sometime between 1983 and 1990. It was last sold for £380,000 in May 2019, which was around 52% above the average May 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

14 GAS LANE Sold Prices

Land registry data shows three sales for 14 GAS 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 North Kesteven local authority area for the corresponding sale date. All of the three 14 GAS 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
2019 16 MAY	£380,000	£250,696	52% above HPI
2009 27 NOV	£275,000	£178,186	54% above HPI
1996 2 DEC	£94,000	£63,671	48% above HPI

14 GAS LANE 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 three 14 GAS LANE sales between December 1996 and May 2019 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 November 2009 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the May 2019 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 14 GAS LANE?

14 GAS LANE is 166m² according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 14 GAS LANE lies on this distribution: 91% of detached houses are smaller than 14 GAS LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Navenby.

14 GAS LANE: Plot and Title Map

14 GAS LANE sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of 14 GAS 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 14 GAS 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 14 GAS LANE?

14 GAS LANE is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 14 on GAS LANE.