5, CHURCH LANE, COLEBY, LINCOLN, LN5 0AQ - £355,000

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

5 CHURCH LANE is a very small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £355,000 in June 2021, which was around 29% above the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

5 CHURCH LANE Sold Prices

Land registry data shows four sales for 5 CHURCH 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 North Kesteven local authority area for the corresponding sale date. All of the four 5 CHURCH 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
2021 25 JUN	£355,000	£275,516	29% above HPI
2011 20 JUN	£230,000	£181,659	27% above HPI
2007 20 APR	£244,000	£193,419	26% above HPI
2004 31 AUG	£192,000	£171,818	12% above HPI

5 CHURCH 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 four 5 CHURCH LANE sales between August 2004 and June 2021 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 2011 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 5 CHURCH LANE?

5 CHURCH LANE is 94m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of detached houses in Coleby, based on EPC data. The below chart shows the distribution of detached houses by size in Coleby, and where 5 CHURCH LANE lies on this distribution: 8% of detached houses are smaller than 5 CHURCH LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Coleby.

5 CHURCH LANE: Plot and Title Map

5 CHURCH LANE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 5 CHURCH 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 5 CHURCH 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 5 CHURCH LANE?

5 CHURCH LANE is located in COLEBY, in the LN5 postcode district. The below map shows the position of No. 5 on CHURCH LANE.