THE LODGE, CHURCH STREET, BILLINGBOROUGH, SLEAFORD, NG34 0QG - £217,500

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

THE LODGE is a very small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £217,500 in August 2016, which was around 19% below the average August 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows three sales for THE LODGE 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 THE LODGE 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
2016 11 AUG	£217,500	£268,196	19% below HPI
2006 27 NOV	£220,000	£232,043	5% below HPI
2004 16 JUL	£167,500	£201,007	17% below HPI

THE LODGE 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 THE LODGE sales between July 2004 and August 2016 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 November 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is THE LODGE?

THE LODGE is 94m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Billingborough, and where THE LODGE lies on this distribution: 16% of detached houses are smaller than THE LODGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE is located on CHURCH STREET in BILLINGBOROUGH, in the NG34 postcode district. The below map shows the position of THE LODGE on CHURCH STREET.