3, LEASINGHAM LANE, RUSKINGTON, SLEAFORD, NG34 9AG - £190,000

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

3 LEASINGHAM LANE is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £190,000 in July 2023, which was around 38% below the average July 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

3 LEASINGHAM LANE Sold Prices

Land registry data shows two sales for 3 LEASINGHAM 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 North Kesteven local authority area for the corresponding sale date. Both of the two 3 LEASINGHAM 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
2023 21 JUL	£190,000	£306,567	38% below HPI
2014 12 DEC	£139,000	£201,662	31% below HPI

3 LEASINGHAM 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 two 3 LEASINGHAM LANE sales from December 2014 and July 2023 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 December 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 3 LEASINGHAM LANE?

3 LEASINGHAM LANE is 76m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 3 LEASINGHAM LANE lies on this distribution: 13% of detached houses are smaller than 3 LEASINGHAM LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

3 LEASINGHAM LANE: Plot and Title Map

3 LEASINGHAM LANE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 3 LEASINGHAM 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 LEASINGHAM 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 LEASINGHAM LANE?

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