1, WREN CLOSE, SLEAFORD, NG34 7XA - £240,000

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 WREN CLOSE is a very large detached house of 179m², built sometime between 2003 and 2006, which could now be worth an estimated £337,961. It was last sold for £240,000 in October 2015, which was around 15% above the average October 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

1 WREN CLOSE Sold Prices

Land registry data shows four sales for 1 WREN CLOSE 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. All of the four 1 WREN CLOSE 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
2015 2 OCT	£240,000	£209,238	15% above HPI
2010 19 NOV	£230,000	£185,595	24% above HPI
2006 28 JUN	£230,000	£180,854	27% above HPI
2001 28 SEP	£141,995	£88,472	60% above HPI

1 WREN 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 four 1 WREN CLOSE sales between September 2001 and October 2015 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 2010 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2015 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 1 WREN CLOSE be worth now?

1 WREN CLOSE might now be worth an estimated £337,961.

This is based on house price inflation of 40.8%, between October 2015 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 40.8% inflationary increase is applied to the most recent sale price for 1 WREN CLOSE of £240,000 on 2nd October 2015. For the value to have increased from £240,000 to £337,961 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 WREN CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WREN CLOSE has not materially changed since October 2015.

How Large is 1 WREN CLOSE?

1 WREN CLOSE is 179m² according to the EPC inspection conducted in February 2010. 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 WREN CLOSE lies on this distribution: 94% of detached houses houses are smaller than 1 WREN CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

1 WREN CLOSE: Plot and Title Map

1 WREN CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 1 WREN 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 WREN 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 WREN CLOSE?

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