2, SCHOOL LANE, NORTH SCARLE, LINCOLN, LN6 9EY - £164,000

2 SCHOOL LANE is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £164,000 in September 2011, which was around 8% below the average September 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

2 SCHOOL LANE Sold Prices

Land registry data shows two sales for 2 SCHOOL 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 North Kesteven local authority area for the corresponding sale date. Both of the two 2 SCHOOL LANE sales were 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
2011 9 SEP	£164,000	£178,446	8% below HPI
2002 18 JAN	£49,600	£95,392	48% below HPI

2 SCHOOL LANE 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 2 SCHOOL LANE sales from January 2002 and September 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 January 2002 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2011 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 SCHOOL LANE?

2 SCHOOL LANE is 76m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in North Scarle, based on EPC data. The below chart shows the distribution of detached houses by size in North Scarle, and where 2 SCHOOL LANE lies on this distribution: 7% of detached houses are smaller than 2 SCHOOL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in North Scarle.

2 SCHOOL LANE: Plot and Title Map

2 SCHOOL LANE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 2 SCHOOL 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 2 SCHOOL 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 2 SCHOOL LANE?

2 SCHOOL LANE is located in NORTH SCARLE, in the LN6 postcode district. The below map shows the position of No. 2 on SCHOOL LANE.