1, PALMER COURT, SLEAFORD, NG34 8ER - £260,000

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.

1 PALMER COURT is a large detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £291,480. It was last sold for £260,000 in April 2021, which was around 4% below the average April 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

1 PALMER COURT Sold Prices

Land registry data shows four sales for 1 PALMER COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. two of the four 1 PALMER COURT sales were for below the average price, and four 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 8 APR	£260,000	£270,052	4% below HPI
2006 3 NOV	£184,000	£185,742	1% below HPI
2002 12 APR	£113,500	£98,015	16% above HPI
1999 22 DEC	£84,995	£71,970	18% above HPI

1 PALMER COURT 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 four 1 PALMER COURT sales between December 1999 and April 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 November 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 PALMER COURT be worth now?

1 PALMER COURT might now be worth an estimated £291,480.

This is based on house price inflation of 12.1%, between April 2021 and February 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 12.1% inflationary increase is applied to the most recent sale price for 1 PALMER COURT of £260,000 on 8th April 2021. For the value to have increased from £260,000 to £291,480 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 1 PALMER COURT has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PALMER COURT has not materially changed since April 2021.

How Large is 1 PALMER COURT?

1 PALMER COURT is 120m² according to the EPC inspection conducted in September 2020. This puts it in the largest 40% 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 PALMER COURT lies on this distribution: 68% of detached houses houses are smaller than 1 PALMER COURT, and 31% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

1 PALMER COURT: Plot and Title Map

1 PALMER COURT sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 1 PALMER COURT, 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 PALMER COURT). 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 PALMER COURT?

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