1, CARDINAL CLOSE, SLEAFORD, NG34 7XP - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CARDINAL CLOSE is a very large detached house of 147m², built sometime between 2003 and 2006, which could now be worth an estimated £374,728. It was last sold for £235,000 in September 2013, which was around 27% above the average September 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

1 CARDINAL CLOSE Sold Prices

Land registry data shows three sales for 1 CARDINAL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 1 CARDINAL CLOSE 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
2013 6 SEP	£235,000	£184,777	27% above HPI
2007 20 AUG	£235,000	£199,722	18% above HPI
2003 21 FEB	£198,500	£130,146	53% above HPI

1 CARDINAL CLOSE 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 three 1 CARDINAL CLOSE sales between February 2003 and September 2013 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 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2013 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 1 CARDINAL CLOSE be worth now?

1 CARDINAL CLOSE might now be worth an estimated £374,728.

This is based on house price inflation of 59.5%, between September 2013 and December 2024, 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 59.5% inflationary increase is applied to the most recent sale price for 1 CARDINAL CLOSE of £235,000 on 6th September 2013. For the value to have increased from £235,000 to £374,728 over the ten years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 CARDINAL CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2013 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CARDINAL CLOSE has not materially changed since September 2013.

How Large is 1 CARDINAL CLOSE?

1 CARDINAL CLOSE is 147m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 1 CARDINAL CLOSE lies on this distribution: 87% of detached houses houses are smaller than 1 CARDINAL CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

1 CARDINAL CLOSE: Plot and Title Map

1 CARDINAL CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 1 CARDINAL CLOSE, 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 1 CARDINAL CLOSE). 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 1 CARDINAL CLOSE?

1 CARDINAL CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 1 on CARDINAL CLOSE.