18, BURTON LANE, BILLINGBOROUGH, SLEAFORD, NG34 0QR - £220,000

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

18 BURTON LANE is a small detached house of 109m², built sometime between 1967 and 1975. It was last sold for £220,000 in January 2023, which was around 42% below the average January 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

18 BURTON LANE Sold Prices

Land registry data shows two sales for 18 BURTON 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 South Kesteven local authority area for the corresponding sale date. Both of the two 18 BURTON 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
2023 24 JAN	£220,000	£380,226	42% below HPI
1996 28 OCT	£54,000	£73,539	27% below HPI

18 BURTON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 18 BURTON LANE sales from October 1996 and January 2023 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 October 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 18 BURTON LANE?

18 BURTON LANE is 109m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Billingborough, and where 18 BURTON LANE lies on this distribution: 26% of detached houses are smaller than 18 BURTON LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

18 BURTON LANE: Plot and Title Map

18 BURTON LANE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 18 BURTON 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 18 BURTON 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 18 BURTON LANE?

18 BURTON LANE is located in BILLINGBOROUGH, in the NG34 postcode district. The below map shows the position of No. 18 on BURTON LANE.