18A, BURTON LANE, BILLINGBOROUGH, SLEAFORD, NG34 0QR - £215,000

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.

18A BURTON LANE is a very small extended detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £241,820. It was last sold for £215,000 in September 2021, which was around 34% below the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

18A BURTON LANE Sold Prices

Land registry data shows five sales for 18A BURTON LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 18A 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
2021 7 SEP	£215,000	£324,215	34% below HPI
2009 18 DEC	£160,000	£213,001	25% below HPI
2006 24 OCT	£123,000	£229,194	46% below HPI
2002 4 DEC	£110,000	£166,185	34% below HPI
1997 17 JUL	£53,000	£76,750	31% below HPI

18A 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 five 18A BURTON LANE sales between July 1997 and September 2021 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 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 18A BURTON LANE be worth now?

18A BURTON LANE might now be worth an estimated £241,820.

This is based on house price inflation of 12.5%, between September 2021 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 12.5% inflationary increase is applied to the most recent sale price for 18A BURTON LANE of £215,000 on 7th September 2021. For the value to have increased from £215,000 to £241,820 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 18A BURTON LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 18A BURTON LANE has not materially changed since September 2021.

How Large is 18A BURTON LANE?

18A BURTON LANE is 74m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% 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 18A BURTON LANE lies on this distribution: 4% of detached houses houses are smaller than 18A BURTON LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

18A BURTON LANE: Plot and Title Map

18A BURTON LANE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 18A 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 18A 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 18A BURTON LANE?

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