6, GORSE LANE, LEASINGHAM, SLEAFORD, NG34 8JD - £159,000

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

6 GORSE LANE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £159,000 in August 2019, which was around 37% below the average August 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

6 GORSE LANE Sold Prices

Land registry data shows five sales for 6 GORSE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 6 GORSE 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
2019 20 AUG	£159,000	£251,679	37% below HPI
2001 13 JUN	£65,000	£84,634	23% below HPI
2000 17 OCT	£58,000	£81,391	29% below HPI
2000 16 MAR	£53,950	£74,351	27% below HPI
1999 10 SEP	£48,500	£72,556	33% below HPI

6 GORSE 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 five 6 GORSE LANE sales between September 1999 and August 2019 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 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 6 GORSE LANE?

6 GORSE LANE is 71m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 6 GORSE LANE lies on this distribution: 14% of detached houses are smaller than 6 GORSE LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

6 GORSE LANE: Plot and Title Map

6 GORSE LANE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 6 GORSE 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 6 GORSE 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 6 GORSE LANE?

6 GORSE LANE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 6 on GORSE LANE.