35, SCHOOL LANE, SILK WILLOUGHBY, SLEAFORD, NG34 8PG - £380,000

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.

35 SCHOOL LANE is a large detached house of 143m², built sometime between 1967 and 1975, which could now be worth an estimated £460,964. It was last sold for £380,000 in March 2019, which was around 52% above the average March 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

35 SCHOOL LANE Sold Prices

Land registry data shows three sales for 35 SCHOOL 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. All of the three 35 SCHOOL 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 4 MAR	£380,000	£249,574	52% above HPI
2005 30 JUN	£280,000	£178,132	57% above HPI
1995 31 MAR	£139,500	£62,558	123% above HPI

35 SCHOOL 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 35 SCHOOL LANE sales between March 1995 and March 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 June 2005 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the March 2019 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 35 SCHOOL LANE be worth now?

35 SCHOOL LANE might now be worth an estimated £460,964.

This is based on house price inflation of 21.3%, between March 2019 and February 2025, 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 21.3% inflationary increase is applied to the most recent sale price for 35 SCHOOL LANE of £380,000 on 4th March 2019. For the value to have increased from £380,000 to £460,964 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 35 SCHOOL LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2019 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 35 SCHOOL LANE has not materially changed since March 2019.

How Large is 35 SCHOOL LANE?

35 SCHOOL LANE is 143m² according to the EPC inspection conducted in March 2019. This puts it in the largest 30% of detached houses houses in Silk Willoughby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Silk Willoughby, and where 35 SCHOOL LANE lies on this distribution: 72% of detached houses houses are smaller than 35 SCHOOL LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Silk Willoughby.

35 SCHOOL LANE: Plot and Title Map

35 SCHOOL LANE sits on a plot of roughly 0.447 of an acre, or 1,810m². The below map shows the location of 35 SCHOOL 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 35 SCHOOL 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 35 SCHOOL LANE?

35 SCHOOL LANE is located in SILK WILLOUGHBY, in the NG34 postcode district. The below map shows the position of No. 35 on SCHOOL LANE.