11, VICTORY WAY, SLEAFORD, NG34 7XL - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 VICTORY WAY is a very large extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £260,000 in December 2019, which was about the average December 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

11 VICTORY WAY Sold Prices

Land registry data shows three sales for 11 VICTORY WAY 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. The three 11 VICTORY WAY sales were a mix of roughly equal to the average price, and 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
2019 20 DEC	£260,000	£258,726	Close to HPI
2007 4 SEP	£195,000	£204,191	5% below HPI
2004 26 MAR	£159,000	£158,723	Close to HPI

11 VICTORY WAY 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 11 VICTORY WAY sales between March 2004 and December 2019 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 September 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 11 VICTORY WAY?

11 VICTORY WAY is 139m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 11 VICTORY WAY lies on this distribution: 84% of detached houses are smaller than 11 VICTORY WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

11 VICTORY WAY: Plot and Title Map

11 VICTORY WAY sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 11 VICTORY WAY, 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 11 VICTORY WAY). 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 11 VICTORY WAY?

11 VICTORY WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 11 on VICTORY WAY.