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
1A WHEATFIELD is a midsized extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £240,000 in March 2016, which was around 8% below the average March 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1A WHEATFIELD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Two of the three 1A WHEATFIELD sales were for below the average price, whilst one was for above 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 |
---|---|---|---|
2016 29 MAR | £240,000 | £259,840 | 8% below HPI |
2012 19 DEC | £205,000 | £216,728 | 5% below HPI |
1997 31 OCT | £87,950 | £80,878 | 9% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 1A WHEATFIELD sales between October 1997 and March 2016 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 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
1A WHEATFIELD is 112m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 50% of detached houses in Langtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Langtoft, and where 1A WHEATFIELD lies on this distribution: 40% of detached houses are smaller than 1A WHEATFIELD, and 59% of houses are larger. Note that EPC data is not available for all properties in Langtoft.
1A WHEATFIELD sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 1A WHEATFIELD, 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 WHEATFIELD). 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.
1A WHEATFIELD is located in LANGTOFT, in the PE6 postcode district. The below map shows the position of No. 1A on WHEATFIELD.