23, MAREHAM LANE, SLEAFORD, NG34 7JP - £360,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

23 MAREHAM LANE is a very large detached house of 190m², built sometime between 1900 and 1929. It was last sold for £360,000 in December 2023, which was around 18% above the average December 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

23 MAREHAM LANE Sold Prices

Land registry data shows two sales for 23 MAREHAM 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. One of the two 23 MAREHAM 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
2023 13 DEC	£360,000	£304,486	18% above HPI
2002 6 SEP	£115,000	£117,288	2% below HPI

23 MAREHAM 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 23 MAREHAM LANE sales from September 2002 and December 2023 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 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2023 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 23 MAREHAM LANE?

23 MAREHAM LANE is 190m² according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 23 MAREHAM LANE lies on this distribution: 95% of detached houses are smaller than 23 MAREHAM LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

23 MAREHAM LANE: Plot and Title Map

23 MAREHAM LANE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 23 MAREHAM 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 23 MAREHAM 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 23 MAREHAM LANE?

23 MAREHAM LANE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 23 on MAREHAM LANE.