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

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.

18 BURTON LANE is a small detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £214,525. It was last sold for £220,000 in January 2023, which was around 41% 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	£373,966	41% below HPI
1996 28 OCT	£54,000	£72,329	25% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 18 BURTON LANE be worth now?

18 BURTON LANE might now be worth an estimated £214,525.

This is based on house price deflation of 2.5%, between January 2023 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% deflationary decrease is applied to the most recent sale price for 18 BURTON LANE of £220,000 on 24th January 2023. For the value to have decreased from £220,000 to £214,525 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 18 BURTON LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2023 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BURTON LANE has not materially changed since January 2023.

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 houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingborough, and where 18 BURTON LANE lies on this distribution: 25% of detached houses houses are smaller than 18 BURTON LANE, and 75% 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.