8, LEASINGHAM LANE, RUSKINGTON, SLEAFORD, NG34 9AQ - £385,000

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

8 LEASINGHAM LANE is a large extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £385,000 in June 2024, which was around 26% above the average June 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was C.

8 LEASINGHAM LANE Sold Prices

Land registry data shows three sales for 8 LEASINGHAM 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 North Kesteven local authority area for the corresponding sale date. Two of the three 8 LEASINGHAM 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
2024 25 JUN	£385,000	£305,296	26% above HPI
2007 21 MAY	£247,000	£195,404	26% above HPI
1996 19 JAN	£56,500	£59,363	5% below HPI

8 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 three 8 LEASINGHAM LANE sales between January 1996 and June 2024 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 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2024 sale, which was also at 26% above the HPI.

How Large is 8 LEASINGHAM LANE?

8 LEASINGHAM LANE is 132m², which includes three extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 30% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 8 LEASINGHAM LANE lies on this distribution: 71% of detached houses are smaller than 8 LEASINGHAM LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

8 LEASINGHAM LANE: Plot and Title Map

8 LEASINGHAM LANE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 8 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 8 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 8 LEASINGHAM LANE?

8 LEASINGHAM LANE is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 8 on LEASINGHAM LANE.