44, LEAS ROAD, GREAT HALE, SLEAFORD, NG34 9LP - £115,000

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

44 LEAS ROAD is a very small detached house of 61m², built sometime between 1900 and 1929. It was last sold for £115,000 in September 2006, which was around 39% below the average September 2006 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was A.

44 LEAS ROAD Sold Prices

Land registry data shows three sales for 44 LEAS ROAD 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 44 LEAS ROAD 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
2006 21 SEP	£115,000	£187,600	39% below HPI
2000 19 MAY	£40,500	£77,302	48% below HPI
1995 10 MAY	£35,000	£62,642	44% below HPI

44 LEAS ROAD 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 44 LEAS ROAD sales between May 1995 and September 2006 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 May 2000 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2006 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 44 LEAS ROAD?

44 LEAS ROAD is 61m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Great Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Great Hale, and where 44 LEAS ROAD lies on this distribution: 4% of detached houses are smaller than 44 LEAS ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Great Hale.

44 LEAS ROAD: Plot and Title Map

44 LEAS ROAD sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 44 LEAS ROAD, 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 44 LEAS ROAD). 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 44 LEAS ROAD?

44 LEAS ROAD is located in GREAT HALE, in the NG34 postcode district. The below map shows the position of No. 44 on LEAS ROAD.