9, LEASINGHAM LANE, RUSKINGTON, SLEAFORD, NG34 9AG - £425,000

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

9 LEASINGHAM LANE is a very large detached house of 190m², built sometime between 1983 and 1990. It was last sold for £425,000 in September 2020, which was around 62% above the average September 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

9 LEASINGHAM LANE Sold Prices

Land registry data shows three sales for 9 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. All of the three 9 LEASINGHAM LANE sales were for above 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
2020 11 SEP	£425,000	£262,930	62% above HPI
2013 22 AUG	£325,000	£185,838	75% above HPI
2001 31 MAY	£172,000	£83,308	106% above HPI

9 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 9 LEASINGHAM LANE sales between May 2001 and September 2020 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 2013 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the September 2020 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 9 LEASINGHAM LANE?

9 LEASINGHAM LANE is 190m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 9 LEASINGHAM LANE lies on this distribution: 92% of detached houses are smaller than 9 LEASINGHAM LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

9 LEASINGHAM LANE: Plot and Title Map

9 LEASINGHAM LANE sits on a plot of roughly 0.328 of an acre, or 1,328m². The below map shows the location of 9 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 9 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 9 LEASINGHAM LANE?

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