3, SCHOOL LANE, STOW, LINCOLN, LN1 2DQ - £290,000

3 SCHOOL LANE is a midsized detached house of 119m², built sometime between 1967 and 1975. It was last sold for £290,000 in September 2018, which was around 25% above the average September 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

3 SCHOOL LANE Sold Prices

Land registry data shows two sales for 3 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 West Lindsey local authority area for the corresponding sale date. One of the two 3 SCHOOL LANE sales was for above the average price, whilst the other was 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
2018 14 SEP	£290,000	£232,110	25% above HPI
1998 12 AUG	£63,500	£71,439	11% below HPI

3 SCHOOL 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 two 3 SCHOOL LANE sales from August 1998 and September 2018 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 August 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2018 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 SCHOOL LANE?

3 SCHOOL LANE is 119m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses in Stow, based on EPC data. The below chart shows the distribution of detached houses by size in Stow, and where 3 SCHOOL LANE lies on this distribution: 48% of detached houses are smaller than 3 SCHOOL LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Stow.

3 SCHOOL LANE: Plot and Title Map

3 SCHOOL LANE sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 3 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 3 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 3 SCHOOL LANE?

3 SCHOOL LANE is located in STOW, in the LN1 postcode district. The below map shows the position of No. 3 on SCHOOL LANE.