22, THE LEA, LEASINGHAM, SLEAFORD, NG34 8JY - £145,000

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

22 THE LEA is a small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £145,000 in November 2004, which was around 15% below the average November 2004 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

22 THE LEA Sold Prices

Land registry data shows two sales for 22 THE LEA 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 22 THE LEA 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
2004 3 NOV	£145,000	£170,385	15% below HPI
2000 25 AUG	£58,000	£80,943	28% below HPI

22 THE LEA 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 22 THE LEA sales from August 2000 and November 2004 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 August 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2004 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 22 THE LEA?

22 THE LEA is 78m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 22 THE LEA lies on this distribution: 24% of detached houses are smaller than 22 THE LEA, and 73% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

22 THE LEA: Plot and Title Map

22 THE LEA sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 22 THE LEA, 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 22 THE LEA). 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 22 THE LEA?

22 THE LEA is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 22 on THE LEA.