5, SPARROW LANE, LONG BENNINGTON, NEWARK, NG23 5DL - £206,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 SPARROW LANE is a very small detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £354,959. It was last sold for £206,500 in May 2011, which was around 4% below the average May 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

5 SPARROW LANE Sold Prices

Land registry data shows four sales for 5 SPARROW 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 5 SPARROW LANE 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
2011 9 MAY	£206,500	£214,282	4% below HPI
2010 18 FEB	£185,000	£209,490	12% below HPI
2002 22 NOV	£127,500	£160,385	21% below HPI
2000 16 JUN	£82,950	£103,983	20% below HPI

5 SPARROW 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 5 SPARROW LANE sales between June 2000 and May 2011 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 February 2010 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2011 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 SPARROW LANE be worth now?

5 SPARROW LANE might now be worth an estimated £354,959.

This is based on house price inflation of 71.9%, between May 2011 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.9% inflationary increase is applied to the most recent sale price for 5 SPARROW LANE of £206,500 on 9th May 2011. For the value to have increased from £206,500 to £354,959 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 5 SPARROW LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2011 sale price of £206,500 represented a fair market value for the property.
• The size, condition, and specification of 5 SPARROW LANE has not materially changed since May 2011.

How Large is 5 SPARROW LANE?

5 SPARROW LANE is 98m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Bennington, and where 5 SPARROW LANE lies on this distribution: 14% of detached houses houses are smaller than 5 SPARROW LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

5 SPARROW LANE: Plot and Title Map

5 SPARROW LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 5 SPARROW 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 SPARROW 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 SPARROW LANE?

5 SPARROW LANE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 5 on SPARROW LANE.