56, FAIRLEAS, BRANSTON, LINCOLN, LN4 1NW - £155,000

56 FAIRLEAS is a small extended detached house of 88m², built sometime between 1976 and 1982. It was last sold for £155,000 in July 2010, which was around 16% below the average July 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

56 FAIRLEAS Sold Prices

Land registry data shows five sales for 56 FAIRLEAS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 56 FAIRLEAS 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
2010 23 JUL	£155,000	£184,040	16% below HPI
2009 19 MAR	£145,000	£166,770	13% below HPI
2007 25 OCT	£175,000	£200,012	13% below HPI
2007 23 FEB	£140,000	£190,020	26% below HPI
2004 27 AUG	£165,000	£171,818	4% below HPI

56 FAIRLEAS 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 five 56 FAIRLEAS sales between August 2004 and July 2010 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 March 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2010 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 56 FAIRLEAS?

56 FAIRLEAS is 88m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% of detached houses in Branston, based on EPC data. The below chart shows the distribution of detached houses by size in Branston, and where 56 FAIRLEAS lies on this distribution: 34% of detached houses are smaller than 56 FAIRLEAS, and 66% of houses are larger. Note that EPC data is not available for all properties in Branston.

56 FAIRLEAS: Plot and Title Map

56 FAIRLEAS sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 56 FAIRLEAS, 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 56 FAIRLEAS). 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 56 FAIRLEAS?

56 FAIRLEAS is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 56 on FAIRLEAS.