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

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

1A THE LINK is a very small detached house of 61m², built sometime between 1983 and 1990. 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	£273,488	40% below HPI
2016 24 JUN	£132,000	£221,506	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.

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 in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 1A THE LINK lies on this distribution: 2% of detached 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.