15, LODGE LANE, UPTON, GAINSBOROUGH, DN21 5NW - £240,000

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

15 LODGE LANE is a small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £240,000 in October 2022, which was around 15% below the average October 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

15 LODGE LANE Sold Prices

Land registry data shows two sales for 15 LODGE LANE since 1^st 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 15 LODGE 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
2022 18 OCT	£240,000	£283,153	15% below HPI
1995 13 APR	£48,000	£61,340	22% below HPI

15 LODGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 15 LODGE LANE sales from April 1995 and October 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 April 1995 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 15 LODGE LANE?

15 LODGE LANE is 95m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of detached houses in Upton, based on EPC data. The below chart shows the distribution of detached houses by size in Upton, and where 15 LODGE LANE lies on this distribution: 29% of detached houses are smaller than 15 LODGE LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Upton.

15 LODGE LANE: Plot and Title Map

15 LODGE LANE sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 15 LODGE 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 LODGE 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 LODGE LANE?

15 LODGE LANE is located in UPTON, in the DN21 postcode district. The below map shows the position of No. 15 on LODGE LANE.