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

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 NURSES LANE is a small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £260,000 in November 2022, which was around 20% 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	£324,773	20% below HPI
2003 28 APR	£51,795	£136,690	62% below HPI
1998 4 SEP	£71,950	£67,616	6% 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 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Skellingthorpe, and where 3 NURSES LANE lies on this distribution: 37% of detached 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.