3, LODGE LANE, NETTLEHAM, LINCOLN, LN2 2RS - £380,000

3 LODGE LANE is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £380,000 in July 2023, which was around 38% above the average July 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

3 LODGE LANE Sold Prices

Land registry data shows four sales for 3 LODGE 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 West Lindsey local authority area for the corresponding sale date. two of the four 3 LODGE LANE sales were for above the average price, and four 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
2023 13 JUL	£380,000	£274,514	38% above HPI
2015 8 JAN	£289,950	£186,093	56% above HPI
2014 6 JUN	£165,000	£184,269	10% below HPI
2010 29 OCT	£90,000	£193,218	53% below HPI

3 LODGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 3 LODGE LANE sales between October 2010 and July 2023 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 January 2015 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2023 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 3 LODGE LANE?

3 LODGE LANE is 106m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 3 LODGE LANE lies on this distribution: 44% of detached houses are smaller than 3 LODGE LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

3 LODGE LANE: Plot and Title Map

3 LODGE LANE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 3 LODGE 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 LODGE 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 LODGE LANE?

3 LODGE LANE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 3 on LODGE LANE.