3, GORSE LANE, LEASINGHAM, SLEAFORD, NG34 8JD - £169,950

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.

3 GORSE LANE is a large extended detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £278,833. It was last sold for £169,950 in November 2013, which was around 8% below the average November 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

3 GORSE LANE Sold Prices

Land registry data shows four sales for 3 GORSE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 3 GORSE 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
2013 18 NOV	£169,950	£184,527	8% below HPI
2007 11 JUN	£159,000	£192,959	18% below HPI
2005 30 NOV	£167,750	£176,584	5% below HPI
1997 10 FEB	£55,950	£61,941	10% below HPI

3 GORSE 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 four 3 GORSE LANE sales between February 1997 and November 2013 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 June 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2013 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 GORSE LANE be worth now?

3 GORSE LANE might now be worth an estimated £278,833.

This is based on house price inflation of 64.1%, between November 2013 and February 2025, for 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 64.1% inflationary increase is applied to the most recent sale price for 3 GORSE LANE of £169,950 on 18th November 2013. For the value to have increased from £169,950 to £278,833 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 GORSE LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2013 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 3 GORSE LANE has not materially changed since November 2013.

How Large is 3 GORSE LANE?

3 GORSE LANE is 104m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 40% of detached houses houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leasingham, and where 3 GORSE LANE lies on this distribution: 68% of detached houses houses are smaller than 3 GORSE LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

3 GORSE LANE: Plot and Title Map

3 GORSE LANE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 GORSE 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 3 GORSE 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 3 GORSE LANE?

3 GORSE LANE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 3 on GORSE LANE.