1, SWALLOW CLOSE, SLEAFORD, NG34 7UU - £227,500

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 SWALLOW CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £210,371. It was last sold for £227,500 in October 2022, which was around 29% below the average October 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

1 SWALLOW CLOSE Sold Prices

Land registry data shows three sales for 1 SWALLOW 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 SWALLOW 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
2022 21 OCT	£227,500	£318,633	29% below HPI
2015 27 MAR	£151,000	£196,747	23% below HPI
2007 31 AUG	£140,000	£199,722	30% below HPI

1 SWALLOW 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 SWALLOW CLOSE sales between August 2007 and October 2022 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 March 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 SWALLOW CLOSE be worth now?

1 SWALLOW CLOSE might now be worth an estimated £210,371.

This is based on house price deflation of 7.5%, between October 2022 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 7.5% deflationary decrease is applied to the most recent sale price for 1 SWALLOW CLOSE of £227,500 on 21st October 2022. For the value to have decreased from £227,500 to £210,371 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 1 SWALLOW CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2022 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SWALLOW CLOSE has not materially changed since October 2022.

How Large is 1 SWALLOW CLOSE?

1 SWALLOW CLOSE is 73m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 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 SWALLOW CLOSE lies on this distribution: 12% of detached houses houses are smaller than 1 SWALLOW CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

1 SWALLOW CLOSE: Plot and Title Map

1 SWALLOW CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 1 SWALLOW 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 SWALLOW 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 SWALLOW CLOSE?

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