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
26 CHURCH LANE is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £224,950 in December 2016, which was around 9% above the average December 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 26 CHURCH LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 26 CHURCH 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 |
---|---|---|---|
2016 20 DEC | £224,950 | £206,444 | 9% above HPI |
2015 2 JUL | £179,950 | £192,441 | 6% below HPI |
2014 9 DEC | £190,000 | £184,213 | 3% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 26 CHURCH LANE sales between December 2014 and December 2016 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 July 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2016 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
26 CHURCH LANE is 82m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 26 CHURCH LANE lies on this distribution: 20% of detached houses are smaller than 26 CHURCH LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Reepham.
26 CHURCH LANE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 26 CHURCH 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 26 CHURCH 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.
26 CHURCH LANE is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 26 on CHURCH LANE.