2, THE DENE, SKELLINGTHORPE, LINCOLN, LN6 5ST - £430,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE DENE is a very large extended detached house of 158m², built sometime between 1983 and 1990, which could now be worth an estimated £401,291. It was last sold for £430,000 in December 2022, which was around 36% above the average December 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

2 THE DENE Sold Prices

Land registry data shows two sales for 2 THE DENE 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 THE DENE 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
2022 20 DEC	£430,000	£315,722	36% above HPI
1999 24 SEP	£92,000	£71,637	28% above HPI

2 THE DENE 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 THE DENE sales from September 1999 and December 2022 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 September 1999 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2022 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 2 THE DENE be worth now?

2 THE DENE might now be worth an estimated £401,291.

This is based on house price deflation of 6.7%, between December 2022 and December 2024, 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 6.7% deflationary decrease is applied to the most recent sale price for 2 THE DENE of £430,000 on 20th December 2022. For the value to have decreased from £430,000 to £401,291 over the two years to December 2024, the following assumptions must hold true:

• The value of 2 THE DENE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE DENE has not materially changed since December 2022.

How Large is 2 THE DENE?

2 THE DENE is 158m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skellingthorpe, and where 2 THE DENE lies on this distribution: 88% of detached houses houses are smaller than 2 THE DENE, and 12% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

2 THE DENE: Plot and Title Map

2 THE DENE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 2 THE DENE, 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 THE DENE). 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 THE DENE?

2 THE DENE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 2 on THE DENE.