21, LEASINGHAM LANE, RUSKINGTON, SLEAFORD, NG34 9AG - £225,000

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

21 LEASINGHAM LANE is a very small detached house of 67m², built sometime between 1900 and 1929. It was last sold for £225,000 in October 2017, which was around 5% below the average October 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

21 LEASINGHAM LANE Sold Prices

Land registry data shows two sales for 21 LEASINGHAM LANE 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 21 LEASINGHAM LANE 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
2017 13 OCT	£225,000	£236,827	5% below HPI
2016 29 JAN	£160,900	£214,934	25% below HPI

21 LEASINGHAM LANE 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 21 LEASINGHAM LANE sales from January 2016 and October 2017 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 January 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 21 LEASINGHAM LANE?

21 LEASINGHAM LANE is 67m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 21 LEASINGHAM LANE lies on this distribution: 7% of detached houses are smaller than 21 LEASINGHAM LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

21 LEASINGHAM LANE: Plot and Title Map

21 LEASINGHAM LANE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 21 LEASINGHAM 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 21 LEASINGHAM 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.

Where is 21 LEASINGHAM LANE?

21 LEASINGHAM LANE is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 21 on LEASINGHAM LANE.