9, FORMANS LANE, ANWICK, SLEAFORD, NG34 9SR - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 FORMANS LANE is a midsized detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £252,852. It was last sold for £210,000 in September 2019, which was around 16% below the average September 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

9 FORMANS LANE Sold Prices

Land registry data shows three sales for 9 FORMANS 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. All of the three 9 FORMANS 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
2019 18 SEP	£210,000	£251,441	16% below HPI
2016 19 DEC	£180,000	£222,280	19% below HPI
2007 19 DEC	£179,000	£192,640	7% below HPI

9 FORMANS 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 9 FORMANS LANE sales between December 2007 and September 2019 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 December 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 9 FORMANS LANE be worth now?

9 FORMANS LANE might now be worth an estimated £252,852.

This is based on house price inflation of 20.4%, between September 2019 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.4% inflationary increase is applied to the most recent sale price for 9 FORMANS LANE of £210,000 on 18th September 2019. For the value to have increased from £210,000 to £252,852 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 FORMANS LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FORMANS LANE has not materially changed since September 2019.

How Large is 9 FORMANS LANE?

9 FORMANS LANE is 97m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses houses in Anwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Anwick, and where 9 FORMANS LANE lies on this distribution: 48% of detached houses houses are smaller than 9 FORMANS LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Anwick.

9 FORMANS LANE: Plot and Title Map

9 FORMANS LANE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 9 FORMANS 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 9 FORMANS 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 9 FORMANS LANE?

9 FORMANS LANE is located in ANWICK, in the NG34 postcode district. The below map shows the position of No. 9 on FORMANS LANE.