Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
23 VICARAGE LANE is a large extended detached house of 184m², built sometime between 1950 and 1966. It was last sold for £343,000 in October 2016, which was around 67% above the average October 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 23 VICARAGE LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 23 VICARAGE 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 |
---|---|---|---|
2016 19 OCT | £343,000 | £205,241 | 67% above HPI |
2014 12 DEC | £285,000 | £184,213 | 55% above HPI |
2004 23 APR | £260,000 | £153,384 | 70% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 23 VICARAGE LANE sales between April 2004 and October 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 December 2014 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the October 2016 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.
23 VICARAGE LANE is 184m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Grasby, based on EPC data. The below chart shows the distribution of detached houses by size in Grasby, and where 23 VICARAGE LANE lies on this distribution: 68% of detached houses are smaller than 23 VICARAGE LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Grasby.
23 VICARAGE LANE sits on a plot of roughly 0.516 of an acre, or 2,088m². The below map shows the location of 23 VICARAGE 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 VICARAGE 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.
23 VICARAGE LANE is located in GRASBY, in the DN38 postcode district. The below map shows the position of No. 23 on VICARAGE LANE.