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 OBTHORPE LANE is a very small extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £470,000 in September 2022, which was around 22% above the average September 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 21 OBTHORPE LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 21 OBTHORPE LANE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2022 30 SEP | £470,000 | £383,801 | 22% above HPI |
1996 3 MAY | £62,000 | £69,294 | 11% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 21 OBTHORPE LANE sales from May 1996 and September 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 May 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
21 OBTHORPE LANE is 110m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Thurlby, based on EPC data. The below chart shows the distribution of detached houses by size in Thurlby, and where 21 OBTHORPE LANE lies on this distribution: 16% of detached houses are smaller than 21 OBTHORPE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Thurlby.
21 OBTHORPE LANE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 21 OBTHORPE 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 OBTHORPE 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.
21 OBTHORPE LANE is located in THURLBY, in the PE10 postcode district. The below map shows the position of No. 21 on OBTHORPE LANE.