Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 VICARAGE LANE is a large detached house of 175m², built sometime between 1976 and 1982. It was last sold for £302,000 in September 2013, which was around 67% above the average September 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 VICARAGE LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 2 VICARAGE 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 SEP | £302,000 | £180,348 | 67% above HPI |
2006 30 JUN | £248,000 | £173,252 | 43% above HPI |
1999 7 JUL | £104,000 | £69,281 | 50% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 2 VICARAGE LANE sales between July 1999 and September 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 June 2006 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2013 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.
2 VICARAGE LANE is 175m² according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses in Scothern, based on EPC data. The below chart shows the distribution of detached houses by size in Scothern, and where 2 VICARAGE LANE lies on this distribution: 69% of detached houses are smaller than 2 VICARAGE LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Scothern.
2 VICARAGE LANE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 2 VICARAGE 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 VICARAGE 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.
2 VICARAGE LANE is located in SCOTHERN, in the LN2 postcode district. The below map shows the position of No. 2 on VICARAGE LANE.