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
17 LANCASTER WAY is a midsized extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £265,000 in September 2022, which was around 18% below the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows seven sales for 17 LANCASTER WAY since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the seven 17 LANCASTER WAY 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 9 SEP | £265,000 | £322,157 | 18% below HPI |
2015 9 JAN | £164,500 | £201,442 | 18% below HPI |
2011 28 OCT | £156,000 | £181,253 | 14% below HPI |
2007 9 AUG | £155,000 | £202,284 | 23% below HPI |
1997 9 MAY | £57,500 | £65,115 | 12% below HPI |
1997 28 FEB | £57,000 | £62,735 | 9% below HPI |
1995 17 JAN | £59,950 | £63,873 | 6% below HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The seven 17 LANCASTER WAY sales between January 1995 and September 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 January 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2022 sale, which was also at 18% below the HPI.
17 LANCASTER WAY is 87m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Skellingthorpe, and where 17 LANCASTER WAY lies on this distribution: 40% of detached houses are smaller than 17 LANCASTER WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.
17 LANCASTER WAY sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 17 LANCASTER WAY, 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 17 LANCASTER WAY). 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.
17 LANCASTER WAY is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 17 on LANCASTER WAY.