23, SCHOOL LANE, SILK WILLOUGHBY, SLEAFORD, NG34 8PG - £415,000

23 SCHOOL LANE is a large extended detached house of 139m², built sometime between 1983 and 1990. It was last sold for £415,000 in August 2019, which was around 65% above the average August 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

23 SCHOOL LANE Sold Prices

Land registry data shows two sales for 23 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 23 SCHOOL LANE sales were for above 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 2 AUG	£415,000	£251,679	65% above HPI
2017 4 OCT	£337,500	£236,827	43% above HPI

23 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 23 SCHOOL LANE sales from October 2017 and August 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 October 2017 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2019 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 23 SCHOOL LANE?

23 SCHOOL LANE is 139m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of detached houses in Silk Willoughby, based on EPC data. The below chart shows the distribution of detached houses by size in Silk Willoughby, and where 23 SCHOOL LANE lies on this distribution: 64% of detached houses are smaller than 23 SCHOOL LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Silk Willoughby.

23 SCHOOL LANE: Plot and Title Map

23 SCHOOL LANE sits on a plot of roughly 0.268 of an acre, or 1,083m². The below map shows the location of 23 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 23 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 23 SCHOOL LANE?

23 SCHOOL LANE is located in SILK WILLOUGHBY, in the NG34 postcode district. The below map shows the position of No. 23 on SCHOOL LANE.