1, ISON CLOSE, CRANWELL VILLAGE, SLEAFORD, NG34 8FJ - £122,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ISON CLOSE is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £122,000 in October 2011, which was around 33% below the average October 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

1 ISON CLOSE Sold Prices

Land registry data shows two sales for 1 ISON CLOSE 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 1 ISON CLOSE 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
2011 21 OCT	£122,000	£181,253	33% below HPI
1999 15 NOV	£62,000	£72,192	14% below HPI

1 ISON 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 two 1 ISON CLOSE sales from November 1999 and October 2011 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 November 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2011 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 ISON CLOSE?

1 ISON CLOSE is 91m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of detached houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cranwell, and where 1 ISON CLOSE lies on this distribution: 29% of detached houses are smaller than 1 ISON CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

1 ISON CLOSE: Plot and Title Map

1 ISON CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 1 ISON 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 ISON 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 ISON CLOSE?

1 ISON CLOSE is located in CRANWELL VILLAGE, in the NG34 postcode district. The below map shows the position of No. 1 on ISON CLOSE.