22, THE SQUARE, LEASINGHAM, SLEAFORD, NG34 8LA - £143,000

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.

22 THE SQUARE is a very small extended terraced house of 68m², built sometime before 1900, which could now be worth an estimated £172,407. It was last sold for £143,000 in November 2019, which was around 3% above the average November 2019 terraced price in the North Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

22 THE SQUARE Sold Prices

Land registry data shows five sales for 22 THE SQUARE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. Most of the five 22 THE SQUARE 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
2019 1 NOV	£143,000	£138,890	3% above HPI
2016 20 JUN	£119,950	£120,909	1% below HPI
2015 18 MAR	£105,000	£109,126	4% below HPI
2007 28 SEP	£110,000	£114,757	4% below HPI
1997 22 DEC	£27,000	£33,188	19% below HPI

22 THE SQUARE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The five 22 THE SQUARE sales between December 1997 and November 2019 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 June 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 22 THE SQUARE be worth now?

22 THE SQUARE might now be worth an estimated £172,407.

This is based on house price inflation of 20.6%, between November 2019 and June 2025, for terraced houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 22 THE SQUARE of £143,000 on 1st November 2019. For the value to have increased from £143,000 to £172,407 over the six years and five months to June 2025, the following assumptions must hold true:

• The value of 22 THE SQUARE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The November 2019 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THE SQUARE has not materially changed since November 2019.

How Large is 22 THE SQUARE?

22 THE SQUARE is 68m², which includes three extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of terraced houses houses in Leasingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leasingham, and where 22 THE SQUARE lies on this distribution: 11% of terraced houses houses are smaller than 22 THE SQUARE, and 89% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

22 THE SQUARE: Plot and Title Map

22 THE SQUARE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 22 THE SQUARE, 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 22 THE SQUARE). 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 22 THE SQUARE?

22 THE SQUARE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 22 on THE SQUARE.