STEPPING STONE, HIGH STREET, MARTIN, LINCOLN, LN4 3QY - £310,000

STEPPING STONE is a midsized extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £310,000 in April 2021, which was around 13% above the average April 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

STEPPING STONE Sold Prices

Land registry data shows five sales for STEPPING STONE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five STEPPING STONE 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
2021 1 APR	£310,000	£273,517	13% above HPI
2010 29 JAN	£235,000	£182,906	28% above HPI
2003 14 JUL	£182,000	£147,056	24% above HPI
1999 1 SEP	£103,000	£72,556	42% above HPI
1996 31 OCT	£77,000	£63,162	22% above HPI

STEPPING STONE 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 five STEPPING STONE sales between October 1996 and April 2021 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 January 2010 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the April 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is STEPPING STONE?

STEPPING STONE is 148m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Martin, based on EPC data. The below chart shows the distribution of detached houses by size in Martin, and where STEPPING STONE lies on this distribution: 55% of detached houses are smaller than STEPPING STONE, and 43% of houses are larger. Note that EPC data is not available for all properties in Martin.

STEPPING STONE: Plot and Title Map

STEPPING STONE sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of STEPPING STONE, 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 STEPPING STONE). 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 STEPPING STONE?

STEPPING STONE is located on HIGH STREET in MARTIN, in the LN4 postcode district. The below map shows the position of STEPPING STONE on HIGH STREET.