12, FORUM WAY, SLEAFORD, NG34 7FF - £205,000

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

12 FORUM WAY is a small detached house of 82m², built sometime between 1991 and 1995. It was last sold for £205,000 in December 2017, which was around 16% below the average December 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

12 FORUM WAY Sold Prices

Land registry data shows two sales for 12 FORUM WAY 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 12 FORUM WAY sales were for 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
2017 21 DEC	£205,000	£243,033	16% below HPI
1996 20 SEP	£56,445	£62,929	10% below HPI

12 FORUM 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 two 12 FORUM WAY sales from September 1996 and December 2017 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 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 12 FORUM WAY?

12 FORUM WAY is 82m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 12 FORUM WAY lies on this distribution: 21% of detached houses are smaller than 12 FORUM WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

12 FORUM WAY: Plot and Title Map

12 FORUM WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 12 FORUM 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 12 FORUM 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 12 FORUM WAY?

12 FORUM WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 12 on FORUM WAY.