18, CHURCH LANE, SEDGEBROOK, GRANTHAM, NG32 2EU - £318,000

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 CHURCH LANE is a small extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £318,000 in May 2022, which was around 14% below the average May 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

18 CHURCH LANE Sold Prices

Land registry data shows four sales for 18 CHURCH LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 18 CHURCH 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
2022 27 MAY	£318,000	£370,449	14% below HPI
2017 20 OCT	£272,000	£291,487	7% below HPI
2007 22 FEB	£175,000	£228,746	23% below HPI
1998 7 APR	£54,000	£81,954	34% below HPI

18 CHURCH 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 four 18 CHURCH LANE sales between April 1998 and May 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 October 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 CHURCH LANE?

18 CHURCH LANE is 119m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in Sedgebrook, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgebrook, and where 18 CHURCH LANE lies on this distribution: 20% of detached houses are smaller than 18 CHURCH LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Sedgebrook.

18 CHURCH LANE: Plot and Title Map

18 CHURCH LANE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 18 CHURCH 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 CHURCH 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 CHURCH LANE?

18 CHURCH LANE is located in SEDGEBROOK, in the NG32 postcode district. The below map shows the position of No. 18 on CHURCH LANE.