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 THE WOODLANDS is a very small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £246,500 in May 2020, which was around 21% below the average May 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 5 THE WOODLANDS since 1st 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 THE WOODLANDS 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 |
---|---|---|---|
2020 20 MAY | £246,500 | £313,369 | 21% below HPI |
2005 12 OCT | £189,995 | £218,236 | 13% below HPI |
2004 19 NOV | £145,000 | £213,167 | 32% below HPI |
1997 30 MAY | £64,000 | £76,680 | 17% below HPI |
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 THE WOODLANDS sales between May 1997 and May 2020 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 October 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
5 THE WOODLANDS is 87m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 5 THE WOODLANDS lies on this distribution: 19% of detached houses are smaller than 5 THE WOODLANDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.
5 THE WOODLANDS sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 5 THE WOODLANDS, 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 THE WOODLANDS). 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 THE WOODLANDS is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 5 on THE WOODLANDS.