2, LAUNDON ROAD, THREEKINGHAM, SLEAFORD, NG34 0AX - £440,000

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 LAUNDON ROAD is a small extended detached house of 153m², built sometime before 1900, which could now be worth an estimated £529,500. It was last sold for £440,000 in February 2019, which was around 75% above the average February 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

2 LAUNDON ROAD Sold Prices

Land registry data shows five sales for 2 LAUNDON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 2 LAUNDON ROAD 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
2019 1 FEB	£440,000	£251,576	75% above HPI
2012 1 AUG	£340,000	£177,791	91% above HPI
2010 24 SEP	£335,000	£184,538	82% above HPI
2007 13 JUL	£320,000	£197,381	62% above HPI
1996 23 MAY	£28,500	£61,297	54% below HPI

2 LAUNDON ROAD 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 five 2 LAUNDON ROAD sales between May 1996 and February 2019 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 2012 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the February 2019 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 2 LAUNDON ROAD be worth now?

2 LAUNDON ROAD might now be worth an estimated £529,500.

This is based on house price inflation of 20.3%, between February 2019 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 20.3% inflationary increase is applied to the most recent sale price for 2 LAUNDON ROAD of £440,000 on 1st February 2019. For the value to have increased from £440,000 to £529,500 over the six years to February 2025, the following assumptions must hold true:

• The value of 2 LAUNDON ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2019 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAUNDON ROAD has not materially changed since February 2019.

How Large is 2 LAUNDON ROAD?

2 LAUNDON ROAD is 153m², which includes three extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses houses in Threekingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Threekingham, and where 2 LAUNDON ROAD lies on this distribution: 22% of detached houses houses are smaller than 2 LAUNDON ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Threekingham.

2 LAUNDON ROAD: Plot and Title Map

2 LAUNDON ROAD sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 2 LAUNDON ROAD, 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 LAUNDON ROAD). 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 LAUNDON ROAD?

2 LAUNDON ROAD is located in THREEKINGHAM, in the NG34 postcode district. The below map shows the position of No. 2 on LAUNDON ROAD.