THE OLD FARMHOUSE, GREEN LANE, THREEKINGHAM, SLEAFORD, NG34 0BA - £412,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE OLD FARMHOUSE is a very large extended detached house of 236m², built sometime before 1900, which could now be worth an estimated £497,284. It was last sold for £412,500 in March 2020, which was around 64% above the average March 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2012, where the current energy rating was F, and the potential energy rating was C.

THE OLD FARMHOUSE Sold Prices

Land registry data shows two sales for THE OLD FARMHOUSE 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 THE OLD FARMHOUSE 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
2020 25 MAR	£412,500	£251,132	64% above HPI
2015 15 JUL	£340,000	£203,364	67% above HPI

THE OLD FARMHOUSE 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 THE OLD FARMHOUSE sales from July 2015 and March 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 July 2015 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the March 2020 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might THE OLD FARMHOUSE be worth now?

THE OLD FARMHOUSE might now be worth an estimated £497,284.

This is based on house price inflation of 20.6%, between March 2020 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for THE OLD FARMHOUSE of £412,500 on 25th March 2020. For the value to have increased from £412,500 to £497,284 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of THE OLD FARMHOUSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2020 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of THE OLD FARMHOUSE has not materially changed since March 2020.

How Large is THE OLD FARMHOUSE?

THE OLD FARMHOUSE is 236m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 20% of detached houses houses in Threekingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Threekingham, and where THE OLD FARMHOUSE lies on this distribution: 89% of detached houses houses are smaller than THE OLD FARMHOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Threekingham.

THE OLD FARMHOUSE: Plot and Title Map

THE OLD FARMHOUSE sits on a plot of roughly 0.348 of an acre, or 1,409m². The below map shows the location of THE OLD FARMHOUSE, 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 OLD FARMHOUSE). 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 OLD FARMHOUSE?

THE OLD FARMHOUSE is located on GREEN LANE in THREEKINGHAM, in the NG34 postcode district. The below map shows the position of THE OLD FARMHOUSE on GREEN LANE.