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
7 CHURCH LANE is a small extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £435,000 in October 2022, which was around 54% above the average October 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 CHURCH LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 7 CHURCH LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2022 12 OCT | £435,000 | £283,153 | 54% above HPI |
2012 12 OCT | £175,500 | £179,111 | 2% below HPI |
1999 27 MAY | £110,000 | £65,557 | 68% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 7 CHURCH LANE sales between May 1999 and October 2022 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 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2022 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.
7 CHURCH LANE is 125m², which includes three extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Corringham, based on EPC data. The below chart shows the distribution of detached houses by size in Corringham, and where 7 CHURCH LANE lies on this distribution: 26% of detached houses are smaller than 7 CHURCH LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Corringham.
7 CHURCH LANE sits on a plot of roughly 244.2 acres, or 988,072m². The below map shows the location of 7 CHURCH 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 7 CHURCH 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.
7 CHURCH LANE is located in CORRINGHAM, in the DN21 postcode district. The below map shows the position of No. 7 on CHURCH LANE.