2, HEATH LANE, LEASINGHAM, SLEAFORD, NG34 8JF - £131,500

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

2 HEATH LANE is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £131,500 in August 2004, which was around 23% below the average August 2004 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was B, and the potential energy rating was A.

2 HEATH LANE Sold Prices

Land registry data shows two sales for 2 HEATH LANE 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 2 HEATH LANE 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
2004 11 AUG	£131,500	£171,818	23% below HPI
1999 5 MAR	£50,000	£70,736	29% below HPI

2 HEATH 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 two 2 HEATH LANE sales from March 1999 and August 2004 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 March 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2004 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 HEATH LANE?

2 HEATH LANE is 72m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 2 HEATH LANE lies on this distribution: 14% of detached houses are smaller than 2 HEATH LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

2 HEATH LANE: Plot and Title Map

2 HEATH LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 HEATH 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 HEATH 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 HEATH LANE?

2 HEATH LANE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 2 on HEATH LANE.