2 SCHOOL LANE

£234,552

Full Address

2 SCHOOL LANE
OLD SOMERBY
GRANTHAM
LINCOLNSHIRE
UNITED KINGDOM
NG33 4AH

Estimated Market Value

£234,552

This estimated value is based upon the latest sale price for the house of £126,000 on 3 Dec 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1

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Transactions for this house
Price PaidDate
£126,0003 Dec 2004
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.

When this house was purchased in December 2004 the House Price Index for LINCOLNSHIRE was 78.8.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 86.153%.

Applying this 86.153% change to the original purchase price of £126,000 results in an estimated price of approximately £234,552.

3 Dec 2004 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
78.8 146.7 86.153 % £126,000 £108,552 £234,552

The Postcode Pricing Model uses changes in average sales price within the NG33 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations

Change % Change £ Estimated Price
1 Month Average 117.460 % £147,999 £273,999
3 Month Average 130.615 % £164,575 £290,575
6 Month Average 74.960 % £94,450 £220,450
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Feb 2024 Other theft Investigation complete; no suspect identified On or near School Lane
Feb 2024 Drugs Under investigation On or near High Dike
Jan 2024 Burglary Investigation complete; no suspect identified On or near High Dike
Jan 2024 Other crime Under investigation On or near High Dike
Dec 2023 Drugs Offender given a caution On or near High Dike

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Companies Near Here
BAUGHN ELECTRICAL SERVICES AND TESTING LIMITED
22 School Lane Old Somerby Grantham Lincolnshire England NG33 4AH
COMMERCIAL LIST LTD
The Old Rectory Old Somerby Grantham United Kingdom NG33 4AG
CWB ESTATES LIMITED
The Old Rectory Old Somerby Grantham United Kingdom NG33 4AG
AMCR CONSULTANTS LTD
Glebe Farmhouse School Lane Old Somerby Grantham United Kingdom NG33 4AG
WILSONS SITE SURVEYING LIMITED
Walnut Tree House Grantham Road Old Somerby Grantham England NG33 4AB

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People Near Here
Miss Susan Elizabeth Hartley
Northfield School Lane, Old Somerby, NG33 4AG
MR PETER WILLIAM BURROWS Historic Information COMPANY DIRECTOR
THE OLD RECTORY, SCHOOL LANE, OLD SOMERBY, NG33 4AG
MR ROBERT BRITTON Historic Information DIRECTOR
THE BRAMBLES, GRANTHAM ROAD OLD SOMERBY, NG33 4AB
Mr Simon Christopher Gilbert
Welby Way Cottage Grantham Road, Old Somerby, NG33 4AB
MRS QUITA JENKINSON Historic Information COMPANY SECRETARY
HECTORS 2 THE PASTURES, OLD SOMERBY, NG33 4AD
Mrs Nicola Birch
22 School Lane, Old Somerby, NG33 4AH
MICHAEL HORSFALL Historic Information DIRECTOR
WELLGATES, OLD SOMERBY, NG33 4AB
MRS SALLY MICHELE SKELTON FARM ADMINISTRATOR
WHITE HOUSE FARM THE PASTURES, OLD SOMERBY, NG33 4AD
MR PETER FRANCIS HOWARD STEPHENS Historic Information STOCKBROKER
THE MANOR HOUSE ROPSLEY ROAD, OLD SOMERBY, NG33 4AF
Mrs Samantha Jayne Baskerville
Stonefields Church Lane, Old Somerby, NG33 4AA
STEPHEN PAUL BOAM Historic Information BUILDER
THE COACH HOUSE, COLD HARBOUR, NG31 7TX
Mr Charlie Burrows
The Old Rectory Old Somerby, NG33 4AG
MRS EVELYN EDITH BURROWS Historic Information COMPANY DIRECTOR
THE DOVECOTE SCHOOL LANE, OLD SOMERBY, NG33 4AG
Mr Christopher Mark Dones Historic Information
Wellgate House Grantham Road, Old Somerby, NG33 4AB
REVEREND WILLIAM HAROLD KING Historic Information CONSULTANT
TANGLEWOOD, GRANTHAM ROAD OLD SOMERBY, NG33 4AB
Dr Mohamed Bilal Jan Historic Information
7 School Lane, Old Somerby, NG33 4AH
MR MICHAEL VICTOR PARTRIDGE Historic Information CHAIRMAN
GLENRISE, CHURCH LANE, OLD SOMERBY, NG33 4AA
SYLVIA MARIA BEDFORD
RHENCULLEN, SCHOOL LANE OLD SOMERBY, NG33 4AQ
MR Carl WILSON Motor Engineer
The Old Farmhouse Grantham Road, Old Somerby, NG33 4AB
Mr Alistair Mcrae
Glebe Farmhouse School Lane, Old Somerby, NG33 4AG
ANTHONY WILLIAM EDWARDS Historic Information CHIEF EXECUTIVE
THE ORCHARDS SCHOOL LANE, OLD SOMERBY, NG33 4AG
MR FRANCIS JENKINSON Historic Information FARMER
HECTORS, OLD SOMERBY, NG33 4AB
MRS Samantha WILSON
The Old Farmhouse Grantham Road, Old Somerby, NG33 4AB
MRS SARAH CAROLINE VANDELEUR BURROWS Historic Information DIRECTOR
THE OLD RECTORY OLD SOMERBY, NG33 4AG
Mrs Sylvia Bedford
Rhencullen, School Lane Old Somerby, NG33 4AQ
Mr Christopher Vernon Robert Skelton
White House Farm The Pastures, Old Somerby, NG33 4AD
Mrs Angela Tarsey
The Coach House Cold Harbour, NG31 7TX
Mr Richard Charles Baughn
22 School Lane, Old Somerby, NG33 4AH
Mr Keith David Bedford
Rhencullen School Lane, Old Somerby, NG33 4AQ
MRS Kathleen WILSON Company Director
Walnut Tree House Grantham Road, Old Somerby, NG33 4AB

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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