15, REDWOOD AVENUE, SLEAFORD, NG34 7TJ - £125,000

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 REDWOOD AVENUE is a very small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £206,238. It was last sold for £125,000 in July 2013, which was around 32% below the average July 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

15 REDWOOD AVENUE Sold Prices

Land registry data shows four sales for 15 REDWOOD AVENUE 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. All of the four 15 REDWOOD AVENUE 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
2013 31 JUL	£125,000	£183,495	32% below HPI
2005 7 JUL	£137,000	£177,228	23% below HPI
2005 28 FEB	£140,000	£170,405	18% below HPI
2001 31 MAY	£69,995	£82,253	15% below HPI

15 REDWOOD AVENUE 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 REDWOOD AVENUE sales between May 2001 and July 2013 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 July 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 15 REDWOOD AVENUE be worth now?

15 REDWOOD AVENUE might now be worth an estimated £206,238.

This is based on house price inflation of 65%, between July 2013 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 65% inflationary increase is applied to the most recent sale price for 15 REDWOOD AVENUE of £125,000 on 31st July 2013. For the value to have increased from £125,000 to £206,238 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of 15 REDWOOD AVENUE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The July 2013 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 15 REDWOOD AVENUE has not materially changed since July 2013.

How Large is 15 REDWOOD AVENUE?

15 REDWOOD AVENUE is 76m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% 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 REDWOOD AVENUE lies on this distribution: 14% of detached houses houses are smaller than 15 REDWOOD AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

15 REDWOOD AVENUE: Plot and Title Map

15 REDWOOD AVENUE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 15 REDWOOD AVENUE, 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 REDWOOD AVENUE). 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 REDWOOD AVENUE?

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