5A, LEASINGHAM LANE, RUSKINGTON, SLEAFORD, NG34 9AG - £365,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5A LEASINGHAM LANE is a very large detached house of 195m², built sometime between 2003 and 2006. It was last sold for £365,000 in August 2021, which was around 29% above the average August 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was B.

5A LEASINGHAM LANE Sold Prices

Land registry data shows two sales for 5A LEASINGHAM LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 5A LEASINGHAM 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 16 AUG	£365,000	£282,296	29% above HPI
2006 28 JUN	£280,000	£183,174	53% above HPI

5A LEASINGHAM 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 two 5A LEASINGHAM LANE sales from June 2006 and August 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 2006 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the August 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 5A LEASINGHAM LANE?

5A LEASINGHAM LANE is 195m² according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 5A LEASINGHAM LANE lies on this distribution: 92% of detached houses are smaller than 5A LEASINGHAM LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

5A LEASINGHAM LANE: Plot and Title Map

5A LEASINGHAM LANE sits on a plot of roughly 0.203 of an acre, or 822m². The below map shows the location of 5A LEASINGHAM 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 5A LEASINGHAM 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 5A LEASINGHAM LANE?

5A LEASINGHAM LANE is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 5A on LEASINGHAM LANE.