23, SYKES LANE, SAXILBY, LINCOLN, LN1 2NS - £237,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 SYKES LANE is a small detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £305,761. It was last sold for £237,000 in March 2019, which was around 5% above the average March 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

23 SYKES LANE Sold Prices

Land registry data shows two sales for 23 SYKES 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 West Lindsey local authority area for the corresponding sale date. One of the two 23 SYKES 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
2019 1 MAR	£237,000	£225,647	5% above HPI
2017 4 AUG	£163,000	£222,628	27% below HPI

23 SYKES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 23 SYKES LANE sales from August 2017 and March 2019 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 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 23 SYKES LANE be worth now?

23 SYKES LANE might now be worth an estimated £305,761.

This is based on house price inflation of 29%, between March 2019 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29% inflationary increase is applied to the most recent sale price for 23 SYKES LANE of £237,000 on 1st March 2019. For the value to have increased from £237,000 to £305,761 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 23 SYKES LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2019 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SYKES LANE has not materially changed since March 2019.

How Large is 23 SYKES LANE?

23 SYKES LANE is 98m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saxilby, and where 23 SYKES LANE lies on this distribution: 35% of detached houses houses are smaller than 23 SYKES LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

23 SYKES LANE: Plot and Title Map

23 SYKES LANE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 23 SYKES 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 SYKES 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 SYKES LANE?

23 SYKES LANE is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 23 on SYKES LANE.