15, HEATH LANE, LEASINGHAM, SLEAFORD, NG34 8JF - £137,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 HEATH LANE is a very small semi-detached house of 74m², built sometime between 1983 and 1990. It was last sold for £137,500 in May 2010, which was around 24% below the average May 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

15 HEATH LANE Sold Prices

Land registry data shows three sales for 15 HEATH 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 15 HEATH 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
2010 24 MAY	£137,500	£179,767	24% below HPI
2007 9 MAR	£142,000	£192,392	26% below HPI
2003 22 OCT	£103,000	£148,445	31% below HPI

15 HEATH 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 15 HEATH LANE sales between October 2003 and May 2010 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 March 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2010 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 HEATH LANE?

15 HEATH LANE is 74m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 15 HEATH LANE lies on this distribution: 17% of detached houses are smaller than 15 HEATH LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

15 HEATH LANE: Plot and Title Map

15 HEATH LANE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 15 HEATH 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 15 HEATH 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 15 HEATH LANE?

15 HEATH LANE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 15 on HEATH LANE.