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

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.

14 GAS LANE is a very large detached house of 166m², built sometime between 1983 and 1990, which could now be worth an estimated £464,789. It was last sold for £380,000 in May 2019, which was around 54% 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	£247,520	54% above HPI
2009 27 NOV	£275,000	£175,930	56% above HPI
1996 2 DEC	£94,000	£62,865	50% 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 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the May 2019 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 14 GAS LANE be worth now?

14 GAS LANE might now be worth an estimated £464,789.

This is based on house price inflation of 22.3%, between May 2019 and February 2025, for detached 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 22.3% inflationary increase is applied to the most recent sale price for 14 GAS LANE of £380,000 on 16th May 2019. For the value to have increased from £380,000 to £464,789 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 14 GAS LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2019 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GAS LANE has not materially changed since May 2019.

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 houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Navenby, and where 14 GAS LANE lies on this distribution: 91% of detached houses 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.