7, VICARAGE LANE, LONG BENNINGTON, NEWARK, NG23 5DN - £180,000

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

7 VICARAGE LANE is a very small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £180,000 in January 2013, which was around 16% below the average January 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

7 VICARAGE LANE Sold Prices

Land registry data shows three sales for 7 VICARAGE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 7 VICARAGE 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
2013 9 JAN	£180,000	£215,198	16% below HPI
2012 13 AUG	£121,000	£218,720	45% below HPI
1998 12 OCT	£67,500	£88,642	24% below HPI

7 VICARAGE 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 three 7 VICARAGE LANE sales between October 1998 and January 2013 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 August 2012 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2013 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 VICARAGE LANE?

7 VICARAGE LANE is 79m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses by size in Long Bennington, and where 7 VICARAGE LANE lies on this distribution: 5% of detached houses are smaller than 7 VICARAGE LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

7 VICARAGE LANE: Plot and Title Map

7 VICARAGE LANE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 7 VICARAGE 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 VICARAGE 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 VICARAGE LANE?

7 VICARAGE LANE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 7 on VICARAGE LANE.