40, SCOTHERN LANE, SUDBROOKE, LINCOLN, LN2 2QJ - £285,000

40 SCOTHERN LANE is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £285,000 in April 2016, which was around 48% above the average April 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

40 SCOTHERN LANE Sold Prices

Land registry data shows three sales for 40 SCOTHERN LANE since 1^st 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 40 SCOTHERN 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 5 APR	£285,000	£192,407	48% above HPI
2014 22 JAN	£227,000	£190,386	19% above HPI
2012 7 AUG	£188,750	£178,474	6% above HPI

40 SCOTHERN 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 three 40 SCOTHERN LANE sales between August 2012 and April 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 January 2014 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2016 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 40 SCOTHERN LANE?

40 SCOTHERN LANE is 87m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Sudbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbrooke, and where 40 SCOTHERN LANE lies on this distribution: 12% of detached houses are smaller than 40 SCOTHERN LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Sudbrooke.

40 SCOTHERN LANE: Plot and Title Map

40 SCOTHERN LANE sits on a plot of roughly 0.280 of an acre, or 1,134m². The below map shows the location of 40 SCOTHERN 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 40 SCOTHERN 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 40 SCOTHERN LANE?

40 SCOTHERN LANE is located in SUDBROOKE, in the LN2 postcode district. The below map shows the position of No. 40 on SCOTHERN LANE.