7, GREENFIELDS LANE, FOLKINGHAM, SLEAFORD, NG34 0SH - £278,000

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

7 GREENFIELDS LANE is a large detached house of 138m², built sometime between 1967 and 1975. It was last sold for £278,000 in August 2018, which was around 9% below the average August 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

7 GREENFIELDS LANE Sold Prices

Land registry data shows two sales for 7 GREENFIELDS 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 South Kesteven local authority area for the corresponding sale date. Both of the two 7 GREENFIELDS 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
2018 22 AUG	£278,000	£304,523	9% below HPI
1997 22 MAY	£59,995	£76,680	22% below HPI

7 GREENFIELDS 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 two 7 GREENFIELDS LANE sales from May 1997 and August 2018 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 May 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 GREENFIELDS LANE?

7 GREENFIELDS LANE is 138m² according to the EPC inspection conducted in August 2017. This puts it in the largest 30% of detached houses in Folkingham, based on EPC data. The below chart shows the distribution of detached houses by size in Folkingham, and where 7 GREENFIELDS LANE lies on this distribution: 79% of detached houses are smaller than 7 GREENFIELDS LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Folkingham.

7 GREENFIELDS LANE: Plot and Title Map

7 GREENFIELDS LANE sits on a plot of roughly 0.411 of an acre, or 1,662m². The below map shows the location of 7 GREENFIELDS 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 GREENFIELDS 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 7 GREENFIELDS LANE?

7 GREENFIELDS LANE is located in FOLKINGHAM, in the NG34 postcode district. The below map shows the position of No. 7 on GREENFIELDS LANE.