15, MAGNOLIA ROAD, SLEAFORD, NG34 7TH - £155,000

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 MAGNOLIA ROAD is a large detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £224,271. It was last sold for £155,000 in October 2015, which was around 26% below the average October 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

15 MAGNOLIA ROAD Sold Prices

Land registry data shows four sales for 15 MAGNOLIA ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 15 MAGNOLIA ROAD 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
2015 23 OCT	£155,000	£209,238	26% below HPI
2012 23 MAY	£146,000	£179,576	19% below HPI
2006 20 JUL	£152,500	£179,413	15% below HPI
1999 17 DEC	£77,500	£71,970	8% above HPI

15 MAGNOLIA ROAD 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 four 15 MAGNOLIA ROAD sales between December 1999 and October 2015 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 May 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 MAGNOLIA ROAD be worth now?

15 MAGNOLIA ROAD might now be worth an estimated £224,271.

This is based on house price inflation of 44.7%, between October 2015 and February 2025, 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 44.7% inflationary increase is applied to the most recent sale price for 15 MAGNOLIA ROAD of £155,000 on 23rd October 2015. For the value to have increased from £155,000 to £224,271 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 MAGNOLIA ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2015 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MAGNOLIA ROAD has not materially changed since October 2015.

How Large is 15 MAGNOLIA ROAD?

15 MAGNOLIA ROAD is 114m² according to the EPC inspection conducted in April 2010. This puts it in the largest 40% 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 15 MAGNOLIA ROAD lies on this distribution: 61% of detached houses houses are smaller than 15 MAGNOLIA ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

15 MAGNOLIA ROAD: Plot and Title Map

15 MAGNOLIA ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 15 MAGNOLIA 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 15 MAGNOLIA 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.

Where is 15 MAGNOLIA ROAD?

15 MAGNOLIA ROAD is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 15 on MAGNOLIA ROAD.