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
21 FAIRLEAS is a midsized extended detached house of 95m², built sometime between 1976 and 1982. It was last sold for £301,000 in October 2022, which was around 7% below the average October 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 21 FAIRLEAS since 1st 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 21 FAIRLEAS 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 |
---|---|---|---|
2022 14 OCT | £301,000 | £322,721 | 7% below HPI |
2018 19 SEP | £245,000 | £253,027 | 3% below HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 21 FAIRLEAS sales from September 2018 and October 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 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
21 FAIRLEAS is 95m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses in Branston, based on EPC data. The below chart shows the distribution of detached houses by size in Branston, and where 21 FAIRLEAS lies on this distribution: 42% of detached houses are smaller than 21 FAIRLEAS, and 56% of houses are larger. Note that EPC data is not available for all properties in Branston.
21 FAIRLEAS sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 21 FAIRLEAS, 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 21 FAIRLEAS). 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.
21 FAIRLEAS is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 21 on FAIRLEAS.