34, LODGE LANE, NETTLEHAM, LINCOLN, LN2 2RS - £270,000

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

34 LODGE LANE is a very small extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £270,000 in July 2022, which was around 5% below the average July 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was D.

34 LODGE LANE Sold Prices

Land registry data shows three sales for 34 LODGE 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. The three 34 LODGE LANE sales were a mix of below the average price, and roughly equal to 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 22 JUL	£270,000	£284,321	5% below HPI
2014 17 JAN	£177,950	£190,386	7% below HPI
1998 31 JUL	£70,000	£69,742	Close to HPI

34 LODGE 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 34 LODGE LANE sales between July 1998 and July 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 January 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 34 LODGE LANE?

34 LODGE LANE is 72m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 34 LODGE LANE lies on this distribution: 6% of detached houses are smaller than 34 LODGE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

34 LODGE LANE: Plot and Title Map

34 LODGE LANE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 34 LODGE 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 34 LODGE 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 34 LODGE LANE?

34 LODGE LANE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 34 on LODGE LANE.