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 EAST ROAD is a midsized extended detached house of 104m², built sometime before 1900. It was last sold for £280,500 in June 2024, which was around 8% below the average June 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 5 EAST ROAD since 1st 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. two of the four 5 EAST ROAD sales were for below the average price, and four 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 |
---|---|---|---|
2024 13 JUN | £280,500 | £305,296 | 8% below HPI |
2022 3 MAR | £285,000 | £298,804 | 5% below HPI |
1998 3 APR | £72,950 | £67,096 | 9% above HPI |
1995 30 NOV | £62,000 | £60,859 | 2% above HPI |
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 EAST ROAD sales between November 1995 and June 2024 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 March 2022 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2024 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
5 EAST ROAD is 104m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 5 EAST ROAD lies on this distribution: 47% of detached houses are smaller than 5 EAST ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Navenby.
5 EAST ROAD sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 5 EAST 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 5 EAST 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.
5 EAST ROAD is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 5 on EAST ROAD.