3, MEADOW LANE, LEASINGHAM, SLEAFORD, NG34 8LL - £185,000

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 MEADOW LANE is a large extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £185,000 in November 2016, which was around 17% below the average November 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

3 MEADOW LANE Sold Prices

Land registry data shows three sales for 3 MEADOW 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 3 MEADOW 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
2016 4 NOV	£185,000	£222,087	17% below HPI
2002 2 OCT	£118,500	£119,592	1% below HPI
1995 18 AUG	£50,000	£62,296	20% below HPI

3 MEADOW 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 3 MEADOW LANE sales between August 1995 and November 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 October 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 MEADOW LANE?

3 MEADOW LANE is 113m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 3 MEADOW LANE lies on this distribution: 75% of detached houses are smaller than 3 MEADOW LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

3 MEADOW LANE: Plot and Title Map

3 MEADOW LANE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 3 MEADOW 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 MEADOW 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 MEADOW LANE?

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