2, DOVECOTE LANE, COLEBY, LINCOLN, LN5 0AD - £250,000

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.

2 DOVECOTE LANE is a small extended detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £412,501. It was last sold for £250,000 in August 2013, which was around 36% above the average August 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

2 DOVECOTE LANE Sold Prices

Land registry data shows three sales for 2 DOVECOTE 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 2 DOVECOTE 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
2013 30 AUG	£250,000	£183,484	36% above HPI
2005 7 JAN	£215,000	£170,945	26% above HPI
1999 23 DEC	£76,000	£71,970	6% above HPI

2 DOVECOTE 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 2 DOVECOTE LANE sales between December 1999 and August 2013 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 January 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2013 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 2 DOVECOTE LANE be worth now?

2 DOVECOTE LANE might now be worth an estimated £412,501.

This is based on house price inflation of 65%, between August 2013 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 65% inflationary increase is applied to the most recent sale price for 2 DOVECOTE LANE of £250,000 on 30th August 2013. For the value to have increased from £250,000 to £412,501 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 2 DOVECOTE LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DOVECOTE LANE has not materially changed since August 2013.

How Large is 2 DOVECOTE LANE?

2 DOVECOTE LANE is 113m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses houses in Coleby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coleby, and where 2 DOVECOTE LANE lies on this distribution: 24% of detached houses houses are smaller than 2 DOVECOTE LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Coleby.

2 DOVECOTE LANE: Plot and Title Map

2 DOVECOTE LANE sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 2 DOVECOTE 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 2 DOVECOTE 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 2 DOVECOTE LANE?

2 DOVECOTE LANE is located in COLEBY, in the LN5 postcode district. The below map shows the position of No. 2 on DOVECOTE LANE.