9, MEGS LANE, NAVENBY, LINCOLN, LN5 0TE - £203,000

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 MEGS LANE is a midsized detached house of 100m². It was last sold for £203,000 in February 2020, which was around 21% below the average February 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

9 MEGS LANE Sold Prices

Land registry data shows two sales for 9 MEGS 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 North Kesteven local authority area for the corresponding sale date. Both of the two 9 MEGS 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
2020 7 FEB	£203,000	£257,092	21% below HPI
2018 13 APR	£219,000	£240,947	9% below HPI

9 MEGS 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 two 9 MEGS LANE sales from April 2018 and February 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 April 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 9 MEGS LANE?

9 MEGS LANE is 100m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 9 MEGS LANE lies on this distribution: 42% of detached houses are smaller than 9 MEGS LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Navenby.

9 MEGS LANE: Plot and Title Map

9 MEGS LANE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 9 MEGS 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 MEGS 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 MEGS LANE?

9 MEGS LANE is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 9 on MEGS LANE.