4, WHEATSHEAF LANE, LONG BENNINGTON, NEWARK, NG23 5DU - £249,950

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

4 WHEATSHEAF LANE is a small detached house of 130m², built sometime between 1976 and 1982. It was last sold for £249,950 in March 2014, which was around 10% above the average March 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

4 WHEATSHEAF LANE Sold Prices

Land registry data shows four sales for 4 WHEATSHEAF LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 4 WHEATSHEAF 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
2014 5 MAR	£249,950	£227,582	10% above HPI
2013 22 APR	£224,000	£215,651	4% above HPI
2007 26 FEB	£265,000	£228,746	16% above HPI
2001 28 NOV	£144,000	£121,508	19% above HPI

4 WHEATSHEAF LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 4 WHEATSHEAF LANE sales between November 2001 and March 2014 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 April 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 4 WHEATSHEAF LANE?

4 WHEATSHEAF LANE is 130m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses by size in Long Bennington, and where 4 WHEATSHEAF LANE lies on this distribution: 35% of detached houses are smaller than 4 WHEATSHEAF LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

4 WHEATSHEAF LANE: Plot and Title Map

4 WHEATSHEAF LANE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 4 WHEATSHEAF 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 WHEATSHEAF 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 WHEATSHEAF LANE?

4 WHEATSHEAF LANE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 4 on WHEATSHEAF LANE.