16, SCHOOL LANE, HELPRINGHAM, SLEAFORD, NG34 0RG - £198,000

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

16 SCHOOL LANE is a very small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £198,000 in October 2010, which was around 6% above the average October 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.

16 SCHOOL LANE Sold Prices

Land registry data shows three sales for 16 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. One of the three 16 SCHOOL LANE sales was for above the average price, whilst two 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 15 OCT	£198,000	£186,859	6% above HPI
2006 29 NOV	£180,000	£188,124	4% below HPI
2004 26 AUG	£169,000	£171,818	2% below HPI

16 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 16 SCHOOL LANE sales between August 2004 and October 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 November 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2010 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 16 SCHOOL LANE?

16 SCHOOL LANE is 91m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses in Helpringham, based on EPC data. The below chart shows the distribution of detached houses by size in Helpringham, and where 16 SCHOOL LANE lies on this distribution: 15% of detached houses are smaller than 16 SCHOOL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Helpringham.

16 SCHOOL LANE: Plot and Title Map

16 SCHOOL LANE sits on a plot of roughly 0.235 of an acre, or 950m². The below map shows the location of 16 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 16 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 16 SCHOOL LANE?

16 SCHOOL LANE is located in HELPRINGHAM, in the NG34 postcode district. The below map shows the position of No. 16 on SCHOOL LANE.