5A, LEASINGHAM LANE, RUSKINGTON, SLEAFORD, NG34 9AG - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5A LEASINGHAM LANE is a very large detached house of 195m², built sometime between 2003 and 2006, which could now be worth an estimated £393,669. It was last sold for £365,000 in August 2021, which was around 31% above the average August 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was B.

5A LEASINGHAM LANE Sold Prices

Land registry data shows two sales for 5A LEASINGHAM 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 North Kesteven local authority area for the corresponding sale date. Both of the two 5A LEASINGHAM 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
2021 16 AUG	£365,000	£278,721	31% above HPI
2006 28 JUN	£280,000	£180,854	55% above HPI

5A LEASINGHAM 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 two 5A LEASINGHAM LANE sales from June 2006 and August 2021 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 2006 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the August 2021 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 5A LEASINGHAM LANE be worth now?

5A LEASINGHAM LANE might now be worth an estimated £393,669.

This is based on house price inflation of 7.9%, between August 2021 and July 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.9% inflationary increase is applied to the most recent sale price for 5A LEASINGHAM LANE of £365,000 on 16th August 2021. For the value to have increased from £365,000 to £393,669 over the four years and one month to July 2025, the following assumptions must hold true:

• The value of 5A LEASINGHAM LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 5A LEASINGHAM LANE has not materially changed since August 2021.

How Large is 5A LEASINGHAM LANE?

5A LEASINGHAM LANE is 195m² according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruskington, and where 5A LEASINGHAM LANE lies on this distribution: 92% of detached houses houses are smaller than 5A LEASINGHAM LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

5A LEASINGHAM LANE: Plot and Title Map

5A LEASINGHAM LANE sits on a plot of roughly 0.203 of an acre, or 822m². The below map shows the location of 5A LEASINGHAM 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 5A LEASINGHAM 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 5A LEASINGHAM LANE?

5A LEASINGHAM LANE is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 5A on LEASINGHAM LANE.