15, SOUTHGATE SPINNEYS, SOUTH RAUCEBY, SLEAFORD, NG34 8QF - £359,000

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

15 SOUTHGATE SPINNEYS is a midsized extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £359,000 in June 2016, which was around 62% above the average June 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was A.

15 SOUTHGATE SPINNEYS Sold Prices

Land registry data shows two sales for 15 SOUTHGATE SPINNEYS 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 15 SOUTHGATE SPINNEYS 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
2016 15 JUN	£359,000	£221,506	62% above HPI
1997 5 JUN	£118,000	£65,499	80% above HPI

15 SOUTHGATE SPINNEYS 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 15 SOUTHGATE SPINNEYS sales from June 1997 and June 2016 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 June 1997 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the June 2016 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 15 SOUTHGATE SPINNEYS?

15 SOUTHGATE SPINNEYS is 145m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in South Rauceby, based on EPC data. The below chart shows the distribution of detached houses by size in South Rauceby, and where 15 SOUTHGATE SPINNEYS lies on this distribution: 42% of detached houses are smaller than 15 SOUTHGATE SPINNEYS, and 57% of houses are larger. Note that EPC data is not available for all properties in South Rauceby.

15 SOUTHGATE SPINNEYS: Plot and Title Map

15 SOUTHGATE SPINNEYS sits on a plot of roughly 0.393 of an acre, or 1,589m². The below map shows the location of 15 SOUTHGATE SPINNEYS, 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 SOUTHGATE SPINNEYS). 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 SOUTHGATE SPINNEYS?

15 SOUTHGATE SPINNEYS is located in SOUTH RAUCEBY, in the NG34 postcode district. The below map shows the position of No. 15 on SOUTHGATE SPINNEYS.