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 SCOTHERN LANE is a midsized detached house of 128m², built sometime between 1930 and 1949. It was last sold for £675,000 in February 2022, which was around 147% above the average February 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 14 SCOTHERN LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 14 SCOTHERN 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 |
---|---|---|---|
2022 16 FEB | £675,000 | £273,756 | 147% above HPI |
2020 22 JUL | £385,000 | £229,115 | 68% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 14 SCOTHERN LANE sales from July 2020 and February 2022 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 2020 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the February 2022 sale, where it rises to 147% above the HPI. The line then continues to track at 147% above the HPI.
14 SCOTHERN LANE is 128m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of detached houses in Sudbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbrooke, and where 14 SCOTHERN LANE lies on this distribution: 49% of detached houses are smaller than 14 SCOTHERN LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Sudbrooke.
14 SCOTHERN LANE sits on a plot of roughly 1.2 acres, or 4,665m². The below map shows the location of 14 SCOTHERN 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 SCOTHERN 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.
14 SCOTHERN LANE is located in SUDBROOKE, in the LN2 postcode district. The below map shows the position of No. 14 on SCOTHERN LANE.