16, NURSES LANE, SKELLINGTHORPE, LINCOLN, LN6 5TT - £208,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 NURSES LANE is a small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £248,081. It was last sold for £208,000 in February 2020, which was around 18% below the average February 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

16 NURSES LANE Sold Prices

Land registry data shows two sales for 16 NURSES 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 North Kesteven local authority area for the corresponding sale date. Both of the two 16 NURSES 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
2020 19 FEB	£208,000	£253,836	18% below HPI
2010 21 APR	£131,000	£177,755	26% below HPI

16 NURSES 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 two 16 NURSES LANE sales from April 2010 and February 2020 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 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 16 NURSES LANE be worth now?

16 NURSES LANE might now be worth an estimated £248,081.

This is based on house price inflation of 19.3%, between February 2020 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.3% inflationary increase is applied to the most recent sale price for 16 NURSES LANE of £208,000 on 19th February 2020. For the value to have increased from £208,000 to £248,081 over the five years to February 2025, the following assumptions must hold true:

• The value of 16 NURSES LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2020 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NURSES LANE has not materially changed since February 2020.

How Large is 16 NURSES LANE?

16 NURSES LANE is 74m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skellingthorpe, and where 16 NURSES LANE lies on this distribution: 21% of detached houses houses are smaller than 16 NURSES LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

16 NURSES LANE: Plot and Title Map

16 NURSES LANE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 16 NURSES 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 16 NURSES 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 16 NURSES LANE?

16 NURSES LANE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 16 on NURSES LANE.