13, SPRING LANE, FOLKINGHAM, SLEAFORD, NG34 0SJ - £205,000

13 SPRING LANE is a large extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £205,000 in November 2011, which was around 6% below the average November 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was D.

13 SPRING LANE Sold Prices

Land registry data shows two sales for 13 SPRING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 13 SPRING LANE sales was for below the average price, whilst the other was roughly equal to 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
2011 17 NOV	£205,000	£217,550	6% below HPI
2005 30 NOV	£215,000	£214,318	Close to HPI

13 SPRING 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 two 13 SPRING LANE sales from November 2005 and November 2011 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 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2011 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 13 SPRING LANE?

13 SPRING LANE is 120m², which includes two extensions, according to the EPC inspection conducted in December 2010. This puts it in the largest 40% of detached houses in Folkingham, based on EPC data. The below chart shows the distribution of detached houses by size in Folkingham, and where 13 SPRING LANE lies on this distribution: 64% of detached houses are smaller than 13 SPRING LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Folkingham.

13 SPRING LANE: Plot and Title Map

13 SPRING LANE sits on a plot of roughly 0.276 of an acre, or 1,116m². The below map shows the location of 13 SPRING 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 13 SPRING 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 13 SPRING LANE?

13 SPRING LANE is located in FOLKINGHAM, in the NG34 postcode district. The below map shows the position of No. 13 on SPRING LANE.