WEST LODGE, WESTFIELD ROAD, LEASINGHAM, SLEAFORD, NG34 8LZ - £750,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WEST LODGE is a very large extended detached house of 238m², built sometime between 1950 and 1966. It was last sold for £750,000 in June 2023, which was around 142% above the average June 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was B.

WEST LODGE Sold Prices

Land registry data shows two sales for WEST LODGE 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 WEST LODGE 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
2023 20 JUN	£750,000	£309,817	142% above HPI
2007 14 MAR	£374,000	£192,392	94% above HPI

WEST LODGE 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 WEST LODGE sales from March 2007 and June 2023 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 March 2007 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the June 2023 sale, where it rises to 142% above the HPI. The line then continues to track at 142% above the HPI.

How Large is WEST LODGE?

WEST LODGE is 238m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where WEST LODGE lies on this distribution: 99% of detached houses are smaller than WEST LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

WEST LODGE: Plot and Title Map

WEST LODGE sits on a plot of roughly 9.4 acres, or 38,071m². The below map shows the location of WEST 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 WEST 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 WEST LODGE?

WEST LODGE is located on WESTFIELD ROAD in LEASINGHAM, in the NG34 postcode district. The below map shows the position of WEST LODGE on WESTFIELD ROAD.