31, LOTHIAN WAY, GREYLEES, SLEAFORD, NG34 8FZ - £268,500

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

31 LOTHIAN WAY is a large detached house of 164m², built sometime from 2007 onwards, which could now be worth an estimated £360,789. It was last sold for £268,500 in November 2016, which was around 22% above the average November 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

31 LOTHIAN WAY Sold Prices

Land registry data shows three sales for 31 LOTHIAN WAY 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 31 LOTHIAN WAY sales 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
2016 25 NOV	£268,500	£219,274	22% above HPI
2015 15 MAY	£250,000	£198,842	26% above HPI
2007 27 JUN	£277,500	£192,959	44% above HPI

31 LOTHIAN WAY 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 31 LOTHIAN WAY sales between June 2007 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 May 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 31 LOTHIAN WAY be worth now?

31 LOTHIAN WAY might now be worth an estimated £360,789.

This is based on house price inflation of 34.4%, between November 2016 and December 2024, 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 34.4% inflationary increase is applied to the most recent sale price for 31 LOTHIAN WAY of £268,500 on 25th November 2016. For the value to have increased from £268,500 to £360,789 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 31 LOTHIAN WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2016 sale price of £268,500 represented a fair market value for the property.
• The size, condition, and specification of 31 LOTHIAN WAY has not materially changed since November 2016.

How Large is 31 LOTHIAN WAY?

31 LOTHIAN WAY is 164m² according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses houses in Greylees, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greylees, and where 31 LOTHIAN WAY lies on this distribution: 62% of detached houses houses are smaller than 31 LOTHIAN WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Greylees.

31 LOTHIAN WAY: Plot and Title Map

31 LOTHIAN WAY sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 31 LOTHIAN WAY, 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 31 LOTHIAN WAY). 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 31 LOTHIAN WAY?

31 LOTHIAN WAY is located in GREYLEES, in the NG34 postcode district. The below map shows the position of No. 31 on LOTHIAN WAY.