3, LODGE LANE, UPTON, GAINSBOROUGH, DN21 5NW - £219,950

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

3 LODGE LANE is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £219,950 in February 2019, which was around 1% below the average February 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

3 LODGE LANE Sold Prices

Land registry data shows four sales for 3 LODGE 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 West Lindsey local authority area for the corresponding sale date. two of the four 3 LODGE LANE sales were for below the average price, and four were for above 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
2019 19 FEB	£219,950	£221,723	1% below HPI
2014 8 MAY	£175,000	£184,675	5% below HPI
2006 30 NOV	£189,950	£187,160	1% above HPI
2001 17 JUL	£90,000	£84,676	6% above HPI

3 LODGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 3 LODGE LANE sales between July 2001 and February 2019 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 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 LODGE LANE?

3 LODGE LANE is 96m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Upton, based on EPC data. The below chart shows the distribution of detached houses by size in Upton, and where 3 LODGE LANE lies on this distribution: 33% of detached houses are smaller than 3 LODGE LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Upton.

3 LODGE LANE: Plot and Title Map

3 LODGE LANE sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of 3 LODGE 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 LODGE 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 LODGE LANE?

3 LODGE LANE is located in UPTON, in the DN21 postcode district. The below map shows the position of No. 3 on LODGE LANE.