10, DISCOVERY CLOSE, SLEAFORD, NG34 7XN - £267,500

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

10 DISCOVERY CLOSE is a midsized detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £335,102. It was last sold for £267,500 in March 2018, which was around 14% above the average March 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

10 DISCOVERY CLOSE Sold Prices

Land registry data shows five sales for 10 DISCOVERY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 10 DISCOVERY 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
2018 16 MAR	£267,500	£235,203	14% above HPI
2014 14 MAR	£207,500	£185,656	12% above HPI
2010 2 SEP	£230,000	£184,538	25% above HPI
2007 19 APR	£225,000	£190,969	18% above HPI
2002 27 SEP	£150,000	£115,803	30% above HPI

10 DISCOVERY 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 five 10 DISCOVERY CLOSE sales between September 2002 and March 2018 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 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2018 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 10 DISCOVERY CLOSE be worth now?

10 DISCOVERY CLOSE might now be worth an estimated £335,102.

This is based on house price inflation of 25.3%, between March 2018 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 25.3% inflationary increase is applied to the most recent sale price for 10 DISCOVERY CLOSE of £267,500 on 16th March 2018. For the value to have increased from £267,500 to £335,102 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of 10 DISCOVERY CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2018 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 10 DISCOVERY CLOSE has not materially changed since March 2018.

How Large is 10 DISCOVERY CLOSE?

10 DISCOVERY CLOSE is 98m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% 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 10 DISCOVERY CLOSE lies on this distribution: 42% of detached houses houses are smaller than 10 DISCOVERY CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

10 DISCOVERY CLOSE: Plot and Title Map

10 DISCOVERY CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 10 DISCOVERY 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 10 DISCOVERY 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 10 DISCOVERY CLOSE?

10 DISCOVERY CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 10 on DISCOVERY CLOSE.