15, SCHOOL LANE, WASHINGBOROUGH, LINCOLN, LN4 1BL - £516,000

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 SCHOOL LANE is a very large extended detached house of 180m², built sometime between 1967 and 1975. It was last sold for £516,000 in August 2021, which was around 83% above the average August 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was B.

15 SCHOOL LANE Sold Prices

Land registry data shows three sales for 15 SCHOOL 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 SCHOOL 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
2021 18 AUG	£516,000	£282,296	83% above HPI
2015 19 NOV	£332,500	£211,957	57% above HPI
2013 14 JUN	£225,000	£186,788	20% above HPI

15 SCHOOL 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 SCHOOL LANE sales between June 2013 and August 2021 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 2015 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 2021 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 15 SCHOOL LANE?

15 SCHOOL LANE is 180m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Washingborough, and where 15 SCHOOL LANE lies on this distribution: 92% of detached houses are smaller than 15 SCHOOL LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

15 SCHOOL LANE: Plot and Title Map

15 SCHOOL LANE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 15 SCHOOL 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 SCHOOL 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 SCHOOL LANE?

15 SCHOOL LANE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 15 on SCHOOL LANE.