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

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 ISON CLOSE is a small detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £200,866. It was last sold for £122,000 in October 2011, which was around 32% 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	£178,957	32% below HPI
1999 15 NOV	£62,000	£71,278	13% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 ISON CLOSE be worth now?

1 ISON CLOSE might now be worth an estimated £200,866.

This is based on house price inflation of 64.6%, between October 2011 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 64.6% inflationary increase is applied to the most recent sale price for 1 ISON CLOSE of £122,000 on 21st October 2011. For the value to have increased from £122,000 to £200,866 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 ISON CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2011 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ISON CLOSE has not materially changed since October 2011.

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 houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranwell, and where 1 ISON CLOSE lies on this distribution: 29% of detached houses 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.