23, SCHOOL LANE, WASHINGBOROUGH, LINCOLN, LN4 1BW - £117,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 SCHOOL LANE is a very small semi-detached house of 79m², built sometime between 1900 and 1929, which could now be worth an estimated £208,603. It was last sold for £117,000 in May 2011, which was around 2% above the average May 2011 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

23 SCHOOL LANE Sold Prices

Land registry data shows two sales for 23 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 23 SCHOOL 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
2011 19 MAY	£117,000	£114,309	2% above HPI
2008 24 OCT	£103,000	£116,635	12% below HPI

23 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 23 SCHOOL LANE sales from October 2008 and May 2011 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 October 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2011 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 23 SCHOOL LANE be worth now?

23 SCHOOL LANE might now be worth an estimated £208,603.

This is based on house price inflation of 78.3%, between May 2011 and February 2025, for semi-detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.3% inflationary increase is applied to the most recent sale price for 23 SCHOOL LANE of £117,000 on 19th May 2011. For the value to have increased from £117,000 to £208,603 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 23 SCHOOL LANE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The May 2011 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SCHOOL LANE has not materially changed since May 2011.

How Large is 23 SCHOOL LANE?

23 SCHOOL LANE is 79m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of semi-detached houses houses in Washingborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Washingborough, and where 23 SCHOOL LANE lies on this distribution: 13% of semi-detached houses houses are smaller than 23 SCHOOL LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

23 SCHOOL LANE: Plot and Title Map

23 SCHOOL LANE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 23 SCHOOL 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 SCHOOL 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 SCHOOL LANE?

23 SCHOOL LANE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 23 on SCHOOL LANE.