26, MEGS LANE, NAVENBY, LINCOLN, LN5 0TE - £133,000

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

26 MEGS LANE is a very small detached house of 49m², built sometime between 1991 and 1995. It was last sold for £133,000 in November 2010, which was around 29% below the average November 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

26 MEGS LANE Sold Prices

Land registry data shows three sales for 26 MEGS LANE since 1^st 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. All of the three 26 MEGS LANE sales were 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
2010 29 NOV	£133,000	£187,976	29% below HPI
2005 27 MAY	£120,000	£178,881	33% below HPI
1997 26 NOV	£52,000	£66,308	22% below HPI

26 MEGS 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 three 26 MEGS LANE sales between November 1997 and November 2010 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 May 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2010 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 26 MEGS LANE?

26 MEGS LANE is 49m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 26 MEGS LANE lies on this distribution: Less than 1% of detached houses are smaller than 26 MEGS LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Navenby.

26 MEGS LANE: Plot and Title Map

26 MEGS LANE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 26 MEGS 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 MEGS 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 26 MEGS LANE?

26 MEGS LANE is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 26 on MEGS LANE.