SAFFRON BARN, SCHOOL ROAD, NOCTON, LINCOLN, LN4 2BJ - £260,000

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

SAFFRON BARN is a midsized extended detached house of 143m², built sometime before 1900. It was last sold for £260,000 in August 2012, which was around 44% above the average August 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

SAFFRON BARN Sold Prices

Land registry data shows two sales for SAFFRON BARN 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 SAFFRON BARN 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
2012 24 AUG	£260,000	£180,072	44% above HPI
2002 31 OCT	£220,000	£119,592	84% above HPI

SAFFRON BARN 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 SAFFRON BARN sales from October 2002 and August 2012 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 October 2002 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the August 2012 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is SAFFRON BARN?

SAFFRON BARN is 143m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of detached houses in Nocton, based on EPC data. The below chart shows the distribution of detached houses by size in Nocton, and where SAFFRON BARN lies on this distribution: 54% of detached houses are smaller than SAFFRON BARN, and 46% of houses are larger. Note that EPC data is not available for all properties in Nocton.

SAFFRON BARN: Plot and Title Map

SAFFRON BARN sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of SAFFRON BARN, 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 SAFFRON BARN). 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 SAFFRON BARN?

SAFFRON BARN is located on SCHOOL ROAD in NOCTON, in the LN4 postcode district. The below map shows the position of SAFFRON BARN on SCHOOL ROAD.