1B, ROYAL OAK LANE, AUBOURN, LINCOLN, LN5 9DT - £517,500

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

1B ROYAL OAK LANE is a midsized extended detached house of 167m², built sometime between 2003 and 2006. It was last sold for £517,500 in September 2021, which was around 84% above the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

1B ROYAL OAK LANE Sold Prices

Land registry data shows three sales for 1B ROYAL OAK LANE 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 1B ROYAL OAK LANE sales were 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
2021 30 SEP	£517,500	£281,947	84% above HPI
2008 8 AUG	£309,000	£187,338	65% above HPI
2004 29 JUN	£250,000	£166,494	50% above HPI

1B ROYAL OAK LANE 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 1B ROYAL OAK LANE sales between June 2004 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 August 2008 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the September 2021 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is 1B ROYAL OAK LANE?

1B ROYAL OAK LANE is 167m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of detached houses in Aubourn, based on EPC data. The below chart shows the distribution of detached houses by size in Aubourn, and where 1B ROYAL OAK LANE lies on this distribution: 42% of detached houses are smaller than 1B ROYAL OAK LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Aubourn.

1B ROYAL OAK LANE: Plot and Title Map

1B ROYAL OAK LANE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 1B ROYAL OAK 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 1B ROYAL OAK 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 1B ROYAL OAK LANE?

1B ROYAL OAK LANE is located in AUBOURN, in the LN5 postcode district. The below map shows the position of No. 1B on ROYAL OAK LANE.