1A, THE LINK, LEASINGHAM, SLEAFORD, NG34 8JX - £163,000

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.

1A THE LINK is a very small detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £182,754. It was last sold for £163,000 in February 2021, which was around 40% below the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

1A THE LINK Sold Prices

Land registry data shows two sales for 1A THE LINK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 1A THE LINK 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 19 FEB	£163,000	£270,024	40% below HPI
2016 24 JUN	£132,000	£218,700	40% below HPI

1A THE LINK 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 two 1A THE LINK sales from June 2016 and February 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 June 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2021 sale, which was also at 40% below the HPI.

What might 1A THE LINK be worth now?

1A THE LINK might now be worth an estimated £182,754.

This is based on house price inflation of 12.1%, between February 2021 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for 1A THE LINK of £163,000 on 19th February 2021. For the value to have increased from £163,000 to £182,754 over the four years to February 2025, the following assumptions must hold true:

• The value of 1A THE LINK has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2021 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 1A THE LINK has not materially changed since February 2021.

How Large is 1A THE LINK?

1A THE LINK is 61m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leasingham, and where 1A THE LINK lies on this distribution: 2% of detached houses houses are smaller than 1A THE LINK, and 97% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

1A THE LINK: Plot and Title Map

1A THE LINK sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 1A THE LINK, 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 1A THE LINK). 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 1A THE LINK?

1A THE LINK is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 1A on THE LINK.