39, GORSE LANE, SILK WILLOUGHBY, SLEAFORD, NG34 8PF - £91,500

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.

39 GORSE LANE is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £152,396. It was last sold for £91,500 in February 2011, which was around 50% below the average February 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

39 GORSE LANE Sold Prices

Land registry data shows three sales for 39 GORSE 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 39 GORSE 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
2011 7 FEB	£91,500	£181,773	50% below HPI
2009 20 DEC	£89,950	£179,137	50% below HPI
2002 22 MAR	£41,000	£96,888	58% below HPI

39 GORSE 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 39 GORSE LANE sales between March 2002 and February 2011 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 December 2009 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2011 sale, which was also at 50% below the HPI.

What might 39 GORSE LANE be worth now?

39 GORSE LANE might now be worth an estimated £152,396.

This is based on house price inflation of 66.6%, between February 2011 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 66.6% inflationary increase is applied to the most recent sale price for 39 GORSE LANE of £91,500 on 7th February 2011. For the value to have increased from £91,500 to £152,396 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 39 GORSE LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2011 sale price of £91,500 represented a fair market value for the property.
• The size, condition, and specification of 39 GORSE LANE has not materially changed since February 2011.

How Large is 39 GORSE LANE?

39 GORSE LANE is 74m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% 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 39 GORSE LANE lies on this distribution: 18% of detached houses houses are smaller than 39 GORSE LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Silk Willoughby.

39 GORSE LANE: Plot and Title Map

39 GORSE LANE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 39 GORSE 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 39 GORSE 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 39 GORSE LANE?

39 GORSE LANE is located in SILK WILLOUGHBY, in the NG34 postcode district. The below map shows the position of No. 39 on GORSE LANE.