14, GORSE LANE, LEASINGHAM, SLEAFORD, NG34 8JD - £155,000

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 GORSE LANE is a midsized detached house of 89m², built sometime between 1983 and 1990. It was last sold for £155,000 in May 2016, which was around 29% below the average May 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

14 GORSE LANE Sold Prices

Land registry data shows four sales for 14 GORSE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 14 GORSE 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
2016 31 MAY	£155,000	£217,497	29% below HPI
2008 2 MAY	£137,000	£193,595	29% below HPI
2006 31 MAR	£134,000	£173,728	23% below HPI
2002 7 MAR	£72,000	£98,131	27% below HPI

14 GORSE 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 four 14 GORSE LANE sales between March 2002 and May 2016 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 May 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2016 sale, which was also at 29% below the HPI.

How Large is 14 GORSE LANE?

14 GORSE LANE is 89m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 14 GORSE LANE lies on this distribution: 48% of detached houses are smaller than 14 GORSE LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

14 GORSE LANE: Plot and Title Map

14 GORSE LANE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 14 GORSE 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 GORSE 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 GORSE LANE?

14 GORSE LANE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 14 on GORSE LANE.