3, GORSE LANE, LEASINGHAM, SLEAFORD, NG34 8JD - £169,950

3 GORSE LANE is a large extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £169,950 in November 2013, which was around 9% below the average November 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

3 GORSE LANE Sold Prices

Land registry data shows four sales for 3 GORSE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 3 GORSE 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
2013 18 NOV	£169,950	£186,894	9% below HPI
2007 11 JUN	£159,000	£195,434	19% below HPI
2005 30 NOV	£167,750	£178,849	6% below HPI
1997 10 FEB	£55,950	£62,735	11% below HPI

3 GORSE 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 four 3 GORSE LANE sales between February 1997 and November 2013 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 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2013 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 GORSE LANE?

3 GORSE LANE is 104m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 40% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 3 GORSE LANE lies on this distribution: 67% of detached houses are smaller than 3 GORSE LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

3 GORSE LANE: Plot and Title Map

3 GORSE LANE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 GORSE 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 3 GORSE 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 3 GORSE LANE?

3 GORSE LANE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 3 on GORSE LANE.