8, SANDS LANE, SCOTTER, GAINSBOROUGH, DN21 3TS - £150,000

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

8 SANDS LANE is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £150,000 in September 2018, which was around 35% below the average September 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.

8 SANDS LANE Sold Prices

Land registry data shows two sales for 8 SANDS 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 West Lindsey local authority area for the corresponding sale date. Both of the two 8 SANDS 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 25 SEP	£150,000	£232,110	35% below HPI
2001 4 MAY	£59,950	£81,781	27% below HPI

8 SANDS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 8 SANDS LANE sales from May 2001 and September 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 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 8 SANDS LANE?

8 SANDS LANE is 97m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses by size in Scotter, and where 8 SANDS LANE lies on this distribution: 30% of detached houses are smaller than 8 SANDS LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Scotter.

8 SANDS LANE: Plot and Title Map

8 SANDS LANE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 8 SANDS 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 SANDS 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 SANDS LANE?

8 SANDS LANE is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 8 on SANDS LANE.