1, WALCOT LANE, FOLKINGHAM, SLEAFORD, NG34 0TP - £350,000

1 WALCOT LANE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £350,000 in June 2022, which was around 5% below the average June 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

1 WALCOT LANE Sold Prices

Land registry data shows four sales for 1 WALCOT LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. two of the four 1 WALCOT LANE sales were for below the average price, and four 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
2022 13 JUN	£350,000	£366,853	5% below HPI
2016 26 JUL	£220,000	£266,742	18% below HPI
1997 19 NOV	£92,500	£82,892	12% above HPI
1996 1 MAY	£75,950	£69,294	10% above HPI

1 WALCOT LANE 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 four 1 WALCOT LANE sales between May 1996 and June 2022 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 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 1 WALCOT LANE?

1 WALCOT LANE is 77m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Folkingham, based on EPC data. The below chart shows the distribution of detached houses by size in Folkingham, and where 1 WALCOT LANE lies on this distribution: 10% of detached houses are smaller than 1 WALCOT LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Folkingham.

1 WALCOT LANE: Plot and Title Map

1 WALCOT LANE sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 1 WALCOT LANE, 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 1 WALCOT LANE). 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 1 WALCOT LANE?

1 WALCOT LANE is located in FOLKINGHAM, in the NG34 postcode district. The below map shows the position of No. 1 on WALCOT LANE.