Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
25 MAREHAM LANE is a large detached house of 126m², built sometime between 1900 and 1929. It was last sold for £205,000 in December 2009, which was around 13% above the average December 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows three sales for 25 MAREHAM LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three 25 MAREHAM LANE sales were for above the average price, whilst one 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 |
---|---|---|---|
2009 14 DEC | £205,000 | £181,435 | 13% above HPI |
2007 16 AUG | £218,000 | £202,284 | 8% above HPI |
2001 2 MAR | £68,000 | £81,593 | 17% below HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 25 MAREHAM LANE sales between March 2001 and December 2009 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 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2009 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
25 MAREHAM LANE is 126m² according to the EPC inspection conducted in September 2009. This puts it in the largest 30% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 25 MAREHAM LANE lies on this distribution: 75% of detached houses are smaller than 25 MAREHAM LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Sleaford.
25 MAREHAM LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 25 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 25 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.
25 MAREHAM LANE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 25 on MAREHAM LANE.