2, LILBURN CLOSE, LEASINGHAM, SLEAFORD, NG34 8NL - £187,500

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 LILBURN CLOSE is a midsized extended detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £275,894. It was last sold for £187,500 in August 2015, which was around 9% below the average August 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 LILBURN CLOSE Sold Prices

Land registry data shows two sales for 2 LILBURN CLOSE 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 LILBURN CLOSE 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
2015 20 AUG	£187,500	£205,751	9% below HPI
2014 10 NOV	£100,000	£202,213	51% below HPI

2 LILBURN CLOSE 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 LILBURN CLOSE sales from November 2014 and August 2015 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 November 2014 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the August 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 LILBURN CLOSE be worth now?

2 LILBURN CLOSE might now be worth an estimated £275,894.

This is based on house price inflation of 47.1%, between August 2015 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 47.1% inflationary increase is applied to the most recent sale price for 2 LILBURN CLOSE of £187,500 on 20th August 2015. For the value to have increased from £187,500 to £275,894 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 2 LILBURN CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2015 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LILBURN CLOSE has not materially changed since August 2015.

How Large is 2 LILBURN CLOSE?

2 LILBURN CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leasingham, and where 2 LILBURN CLOSE lies on this distribution: 42% of detached houses houses are smaller than 2 LILBURN CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

2 LILBURN CLOSE: Plot and Title Map

2 LILBURN CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 2 LILBURN CLOSE, 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 LILBURN CLOSE). 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 LILBURN CLOSE?

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