WEST LODGE, WILLOUGHBY ROAD, GREYLEES, SLEAFORD, NG34 8PN - £235,000

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

WEST LODGE is a midsized extended detached house of 155m², built sometime before 1900. It was last sold for £235,000 in June 2009, which was around 38% above the average June 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was D.

WEST LODGE Sold Prices

Land registry data shows three sales for WEST 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 North Kesteven local authority area for the corresponding sale date. Two of the three WEST LODGE sales were for above the average price, whilst one was 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
2009 26 JUN	£235,000	£170,844	38% above HPI
2006 12 JUL	£239,000	£181,714	32% above HPI
2004 12 MAR	£154,950	£158,723	2% below 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 three WEST LODGE sales between March 2004 and June 2009 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 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2009 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is WEST LODGE?

WEST LODGE is 155m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% of detached houses in Greylees, based on EPC data. The below chart shows the distribution of detached houses by size in Greylees, and where WEST LODGE lies on this distribution: 58% of detached houses are smaller than WEST LODGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Greylees.

WEST LODGE: Plot and Title Map

WEST LODGE sits on a plot of roughly 0.144 of an acre, or 585m². 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 WILLOUGHBY ROAD in GREYLEES, in the NG34 postcode district. The below map shows the position of WEST LODGE on WILLOUGHBY ROAD.