1, THE PINES, SLEAFORD, NG34 7DN - £215,000

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 THE PINES is a very large detached house of 251m², built sometime before 1900, which could now be worth an estimated £350,438. It was last sold for £215,000 in April 2012, which was around 19% above the average April 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2011, where the current energy rating was F, and the potential energy rating was E.

1 THE PINES Sold Prices

Land registry data shows two sales for 1 THE PINES 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 THE PINES 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
2012 27 APR	£215,000	£180,769	19% above HPI
2001 7 DEC	£185,000	£91,817	101% above HPI

1 THE PINES 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 THE PINES sales from December 2001 and April 2012 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 December 2001 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the April 2012 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 1 THE PINES be worth now?

1 THE PINES might now be worth an estimated £350,438.

This is based on house price inflation of 63%, between April 2012 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 63% inflationary increase is applied to the most recent sale price for 1 THE PINES of £215,000 on 27th April 2012. For the value to have increased from £215,000 to £350,438 over the eleven years and four months to December 2024, the following assumptions must hold true:

• The value of 1 THE PINES has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2012 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE PINES has not materially changed since April 2012.

How Large is 1 THE PINES?

1 THE PINES is 251m² according to the EPC inspection conducted in October 2011. This puts it in the largest 10% 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 THE PINES lies on this distribution: 98% of detached houses houses are smaller than 1 THE PINES, and 2% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

1 THE PINES: Plot and Title Map

1 THE PINES sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 1 THE PINES, 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 THE PINES). 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 THE PINES?

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