15, WHEATSHEAF LANE, LONG BENNINGTON, NEWARK, NG23 5DU - £195,000

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.

15 WHEATSHEAF LANE is a very small extended semi-detached house of 71m², built sometime before 1900, which could now be worth an estimated £313,942. It was last sold for £195,000 in January 2015, which was around 33% above the average January 2015 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

15 WHEATSHEAF LANE Sold Prices

Land registry data shows three sales for 15 WHEATSHEAF LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Two of the three 15 WHEATSHEAF LANE 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
2015 22 JAN	£195,000	£146,747	33% above HPI
2012 30 APR	£187,000	£134,107	39% above HPI
2007 28 NOV	£120,000	£156,034	23% below HPI

15 WHEATSHEAF LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 15 WHEATSHEAF LANE sales between November 2007 and January 2015 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 April 2012 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2015 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 15 WHEATSHEAF LANE be worth now?

15 WHEATSHEAF LANE might now be worth an estimated £313,942.

This is based on house price inflation of 61%, between January 2015 and February 2025, for semi-detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61% inflationary increase is applied to the most recent sale price for 15 WHEATSHEAF LANE of £195,000 on 22nd January 2015. For the value to have increased from £195,000 to £313,942 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 WHEATSHEAF LANE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The January 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WHEATSHEAF LANE has not materially changed since January 2015.

How Large is 15 WHEATSHEAF LANE?

15 WHEATSHEAF LANE is 71m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of semi-detached houses houses in Long Bennington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Long Bennington, and where 15 WHEATSHEAF LANE lies on this distribution: 2% of semi-detached houses houses are smaller than 15 WHEATSHEAF LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

15 WHEATSHEAF LANE: Plot and Title Map

15 WHEATSHEAF LANE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 15 WHEATSHEAF 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 15 WHEATSHEAF 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 15 WHEATSHEAF LANE?

15 WHEATSHEAF LANE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 15 on WHEATSHEAF LANE.