2, WALCOT LANE, FOLKINGHAM, SLEAFORD, NG34 0TP - £144,000

2 WALCOT LANE is a very small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £144,000 in February 2016, which was around 46% below the average February 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

2 WALCOT LANE Sold Prices

Land registry data shows three sales for 2 WALCOT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 2 WALCOT 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
2016 5 FEB	£144,000	£264,336	46% below HPI
2009 28 AUG	£124,500	£201,921	38% below HPI
1999 4 FEB	£56,500	£90,085	37% below HPI

2 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 three 2 WALCOT LANE sales between February 1999 and February 2016 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 August 2009 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2016 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 2 WALCOT LANE?

2 WALCOT LANE is 81m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Folkingham, based on EPC data. The below chart shows the distribution of detached houses by size in Folkingham, and where 2 WALCOT LANE lies on this distribution: 17% of detached houses are smaller than 2 WALCOT LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Folkingham.

2 WALCOT LANE: Plot and Title Map

2 WALCOT LANE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 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 2 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 2 WALCOT LANE?

2 WALCOT LANE is located in FOLKINGHAM, in the NG34 postcode district. The below map shows the position of No. 2 on WALCOT LANE.