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
31 SYKES LANE is a midsized extended detached house of 107m², built sometime between 1983 and 1990. It was last sold for £265,000 in October 2019, which was around 15% above the average October 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 31 SYKES LANE since 1st 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 31 SYKES LANE 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 |
---|---|---|---|
2019 11 OCT | £265,000 | £231,362 | 15% above HPI |
2009 13 AUG | £190,000 | £178,161 | 7% above HPI |
1997 21 MAR | £63,000 | £62,590 | 1% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 31 SYKES LANE sales between March 1997 and October 2019 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 August 2009 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
31 SYKES LANE is 107m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of detached houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses by size in Saxilby, and where 31 SYKES LANE lies on this distribution: 43% of detached houses are smaller than 31 SYKES LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Saxilby.
31 SYKES LANE sits on a plot of roughly 0.267 of an acre, or 1,080m². The below map shows the location of 31 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 31 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.
31 SYKES LANE is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 31 on SYKES LANE.