16, JESSOP CLOSE, LEASINGHAM, SLEAFORD, NG34 8LJ - £162,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 JESSOP CLOSE is a small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £162,000 in December 2014, which was around 20% below the average December 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

16 JESSOP CLOSE Sold Prices

Land registry data shows three sales for 16 JESSOP CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 16 JESSOP CLOSE 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
2014 16 DEC	£162,000	£201,662	20% below HPI
1995 29 SEP	£41,750	£63,265	34% below HPI
1995 11 AUG	£30,000	£62,296	52% below HPI

16 JESSOP CLOSE 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 three 16 JESSOP CLOSE sales between August 1995 and December 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 September 1995 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 16 JESSOP CLOSE?

16 JESSOP CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 16 JESSOP CLOSE lies on this distribution: 24% of detached houses are smaller than 16 JESSOP CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

16 JESSOP CLOSE: Plot and Title Map

16 JESSOP CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 16 JESSOP 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 16 JESSOP 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 16 JESSOP CLOSE?

16 JESSOP CLOSE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 16 on JESSOP CLOSE.