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 NORTH ROAD is a very large extended detached house of 139m², built sometime between 1967 and 1975. It was last sold for £220,000 in February 2014, which was around 18% above the average February 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 12 NORTH ROAD since 1st 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 NORTH ROAD 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 |
---|---|---|---|
2014 28 FEB | £220,000 | £186,057 | 18% above HPI |
1998 23 OCT | £83,000 | £68,919 | 20% above HPI |
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 NORTH ROAD sales from October 1998 and February 2014 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 October 1998 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2014 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.
12 NORTH ROAD is 139m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cranwell, and where 12 NORTH ROAD lies on this distribution: 81% of detached houses are smaller than 12 NORTH ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Cranwell.
12 NORTH ROAD sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 12 NORTH ROAD, 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 NORTH ROAD). 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.
12 NORTH ROAD is located in CRANWELL VILLAGE, in the NG34 postcode district. The below map shows the position of No. 12 on NORTH ROAD.