1, WHEAT GROVE, SLEAFORD, NG34 7WW - £169,500

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 WHEAT GROVE is a very small semi-detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £195,483. It was last sold for £169,500 in May 2021, which was around 4% below the average May 2021 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

1 WHEAT GROVE Sold Prices

Land registry data shows three sales for 1 WHEAT GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. One of the three 1 WHEAT GROVE sales was for below the average price, whilst two 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 27 MAY	£169,500	£176,716	4% below HPI
2006 20 DEC	£125,000	£123,831	1% above HPI
2003 31 OCT	£112,500	£93,378	20% above HPI

1 WHEAT GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 1 WHEAT GROVE sales between October 2003 and May 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 December 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 WHEAT GROVE be worth now?

1 WHEAT GROVE might now be worth an estimated £195,483.

This is based on house price inflation of 15.3%, between May 2021 and February 2025, for semi-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 15.3% inflationary increase is applied to the most recent sale price for 1 WHEAT GROVE of £169,500 on 27th May 2021. For the value to have increased from £169,500 to £195,483 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 1 WHEAT GROVE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The May 2021 sale price of £169,500 represented a fair market value for the property.
• The size, condition, and specification of 1 WHEAT GROVE has not materially changed since May 2021.

How Large is 1 WHEAT GROVE?

1 WHEAT GROVE is 75m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of semi-detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sleaford, and where 1 WHEAT GROVE lies on this distribution: 13% of semi-detached houses houses are smaller than 1 WHEAT GROVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

1 WHEAT GROVE: Plot and Title Map

1 WHEAT GROVE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 1 WHEAT GROVE, 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 WHEAT GROVE). 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 WHEAT GROVE?

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