3, SYKES LANE, SAXILBY, LINCOLN, LN1 2NS - £174,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SYKES LANE is a very small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £250,600. It was last sold for £174,950 in August 2015, which was around 14% below the average August 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

3 SYKES LANE Sold Prices

Land registry data shows three sales for 3 SYKES 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 West Lindsey local authority area for the corresponding sale date. All of the three 3 SYKES 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
2015 21 AUG	£174,950	£203,234	14% below HPI
2008 26 SEP	£123,000	£194,929	37% below HPI
2006 31 AUG	£134,500	£177,954	24% below HPI

3 SYKES 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 three 3 SYKES LANE sales between August 2006 and August 2015 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 September 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 SYKES LANE be worth now?

3 SYKES LANE might now be worth an estimated £250,600.

This is based on house price inflation of 43.2%, between August 2015 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.2% inflationary increase is applied to the most recent sale price for 3 SYKES LANE of £174,950 on 21st August 2015. For the value to have increased from £174,950 to £250,600 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 3 SYKES LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2015 sale price of £174,950 represented a fair market value for the property.
• The size, condition, and specification of 3 SYKES LANE has not materially changed since August 2015.

How Large is 3 SYKES LANE?

3 SYKES LANE is 79m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saxilby, and where 3 SYKES LANE lies on this distribution: 11% of detached houses houses are smaller than 3 SYKES LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

3 SYKES LANE: Plot and Title Map

3 SYKES LANE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 3 SYKES 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 SYKES 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 SYKES LANE?

3 SYKES LANE is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 3 on SYKES LANE.