15, ISON CLOSE, CRANWELL VILLAGE, SLEAFORD, NG34 8FJ - £152,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 ISON CLOSE is a very small semi-detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £183,882. It was last sold for £152,000 in July 2020, which was around 10% below the average July 2020 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

15 ISON CLOSE Sold Prices

Land registry data shows four sales for 15 ISON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Two of the four 15 ISON CLOSE sales were for below the average price, whilst one was 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
2020 31 JUL	£152,000	£168,469	10% below HPI
2016 18 FEB	£127,000	£140,250	9% below HPI
2007 5 MAR	£126,950	£126,594	Close to HPI
1999 30 JUN	£52,549	£43,113	22% above HPI

15 ISON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 15 ISON CLOSE sales between June 1999 and July 2020 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 February 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 ISON CLOSE be worth now?

15 ISON CLOSE might now be worth an estimated £183,882.

This is based on house price inflation of 21%, between July 2020 and February 2025, for semi-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 21% inflationary increase is applied to the most recent sale price for 15 ISON CLOSE of £152,000 on 31st July 2020. For the value to have increased from £152,000 to £183,882 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 15 ISON CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The July 2020 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ISON CLOSE has not materially changed since July 2020.

How Large is 15 ISON CLOSE?

15 ISON CLOSE is 70m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of semi-detached houses houses in Cranwell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cranwell, and where 15 ISON CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 15 ISON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

15 ISON CLOSE: Plot and Title Map

15 ISON CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 15 ISON 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 15 ISON 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 15 ISON CLOSE?

15 ISON CLOSE is located in CRANWELL VILLAGE, in the NG34 postcode district. The below map shows the position of No. 15 on ISON CLOSE.