18, PARK LEA, RUSKINGTON, SLEAFORD, NG34 9HU - £270,000

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

18 PARK LEA is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £270,000 in November 2022, which was around 17% below the average November 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

18 PARK LEA Sold Prices

Land registry data shows three sales for 18 PARK LEA 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. All of the three 18 PARK LEA 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 29 NOV	£270,000	£324,773	17% below HPI
2003 9 DEC	£124,500	£154,126	19% below HPI
1996 2 OCT	£55,000	£63,162	13% below HPI

18 PARK LEA 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 18 PARK LEA sales between October 1996 and November 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 December 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 18 PARK LEA?

18 PARK LEA is 80m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 18 PARK LEA lies on this distribution: 18% of detached houses are smaller than 18 PARK LEA, and 81% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

18 PARK LEA: Plot and Title Map

18 PARK LEA sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 18 PARK LEA, 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 PARK LEA). 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 PARK LEA?

18 PARK LEA is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 18 on PARK LEA.