3, NURSES LANE, SKELLINGTHORPE, LINCOLN, LN6 5TT - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 NURSES LANE is a small extended detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £245,477. It was last sold for £260,000 in November 2022, which was around 19% below the average November 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

3 NURSES LANE Sold Prices

Land registry data shows three sales for 3 NURSES 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. Two of the three 3 NURSES LANE sales were for below the average price, whilst one was 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
2022 2 NOV	£260,000	£320,660	19% below HPI
2003 28 APR	£51,795	£134,958	62% below HPI
1998 4 SEP	£71,950	£66,760	8% above HPI

3 NURSES 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 NURSES LANE sales between September 1998 and November 2022 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 April 2003 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the November 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 NURSES LANE be worth now?

3 NURSES LANE might now be worth an estimated £245,477.

This is based on house price deflation of 5.6%, between November 2022 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 5.6% deflationary decrease is applied to the most recent sale price for 3 NURSES LANE of £260,000 on 2nd November 2022. For the value to have decreased from £260,000 to £245,477 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 NURSES LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NURSES LANE has not materially changed since November 2022.

How Large is 3 NURSES LANE?

3 NURSES LANE is 85m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skellingthorpe, and where 3 NURSES LANE lies on this distribution: 37% of detached houses houses are smaller than 3 NURSES LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

3 NURSES LANE: Plot and Title Map

3 NURSES LANE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 3 NURSES 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 NURSES 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 NURSES LANE?

3 NURSES LANE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 3 on NURSES LANE.