9, WALCOT LANE, FOLKINGHAM, SLEAFORD, NG34 0TP - £318,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 WALCOT LANE is a large detached house of 127m², built sometime between 1983 and 1990, which could now be worth an estimated £397,718. It was last sold for £318,000 in May 2019, which was around 8% above the average May 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

9 WALCOT LANE Sold Prices

Land registry data shows three sales for 9 WALCOT 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 South Kesteven local authority area for the corresponding sale date. All of the three 9 WALCOT 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
2019 21 MAY	£318,000	£294,507	8% above HPI
1999 11 AUG	£107,000	£92,112	16% above HPI
1996 30 AUG	£103,000	£72,381	42% above HPI

9 WALCOT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 9 WALCOT LANE sales between August 1996 and May 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 August 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 9 WALCOT LANE be worth now?

9 WALCOT LANE might now be worth an estimated £397,718.

This is based on house price inflation of 25.1%, between May 2019 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.1% inflationary increase is applied to the most recent sale price for 9 WALCOT LANE of £318,000 on 21st May 2019. For the value to have increased from £318,000 to £397,718 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 9 WALCOT LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2019 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WALCOT LANE has not materially changed since May 2019.

How Large is 9 WALCOT LANE?

9 WALCOT LANE is 127m² according to the EPC inspection conducted in August 2018. This puts it in the largest 30% of detached houses houses in Folkingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Folkingham, and where 9 WALCOT LANE lies on this distribution: 71% of detached houses houses are smaller than 9 WALCOT LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Folkingham.

9 WALCOT LANE: Plot and Title Map

9 WALCOT LANE sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of 9 WALCOT 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 WALCOT 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 WALCOT LANE?

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