4, GORSE LANE, SILK WILLOUGHBY, SLEAFORD, NG34 8PF - £194,610

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

4 GORSE LANE is a midsized extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £194,610 in April 2015, which was around 1% below the average April 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was C.

4 GORSE LANE Sold Prices

Land registry data shows two sales for 4 GORSE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 4 GORSE LANE sales was for below the average price, whilst the other was 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
2015 17 APR	£194,610	£197,486	1% below HPI
1999 14 JAN	£70,000	£70,286	Close to HPI

4 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 two 4 GORSE LANE sales from January 1999 and April 2015 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 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 4 GORSE LANE?

4 GORSE LANE is 103m², which includes two extensions, according to the EPC inspection conducted in December 2012. This puts it in the largest 50% of detached houses in Silk Willoughby, based on EPC data. The below chart shows the distribution of detached houses by size in Silk Willoughby, and where 4 GORSE LANE lies on this distribution: 50% of detached houses are smaller than 4 GORSE LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Silk Willoughby.

4 GORSE LANE: Plot and Title Map

4 GORSE LANE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 4 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 4 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 4 GORSE LANE?

4 GORSE LANE is located in SILK WILLOUGHBY, in the NG34 postcode district. The below map shows the position of No. 4 on GORSE LANE.