2, VINE STREET, BILLINGBOROUGH, SLEAFORD, NG34 0QE - £430,000

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 VINE STREET is a very large extended detached house of 254m², built sometime before 1900. It was last sold for £430,000 in December 2019, which was around 42% above the average December 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was F, and the potential energy rating was C.

2 VINE STREET Sold Prices

Land registry data shows three sales for 2 VINE STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Two of the three 2 VINE STREET sales were for above the average price, whilst one was 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
2019 3 DEC	£430,000	£303,832	42% above HPI
2006 10 JUL	£360,000	£224,890	60% above HPI
1998 17 APR	£60,000	£81,954	27% below HPI

2 VINE STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 2 VINE STREET sales between April 1998 and December 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 July 2006 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the December 2019 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 2 VINE STREET?

2 VINE STREET is 254m², which includes three extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of detached houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Billingborough, and where 2 VINE STREET lies on this distribution: 95% of detached houses are smaller than 2 VINE STREET, and 5% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

2 VINE STREET: Plot and Title Map

2 VINE STREET sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of 2 VINE STREET, 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 VINE STREET). 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 VINE STREET?

2 VINE STREET is located in BILLINGBOROUGH, in the NG34 postcode district. The below map shows the position of No. 2 on VINE STREET.