16, PRIORY WAY, SLEAFORD, NG34 7XD - £187,500

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.

16 PRIORY WAY is a small extended detached house of 88m², built sometime between 2003 and 2006, which could now be worth an estimated £291,127. It was last sold for £187,500 in April 2015, which was around 4% below the average April 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

16 PRIORY WAY Sold Prices

Land registry data shows three sales for 16 PRIORY WAY 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. One of the three 16 PRIORY WAY sales was for below the average price, whilst two 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
2015 30 APR	£187,500	£194,985	4% below HPI
2004 16 APR	£182,500	£158,106	15% above HPI
2003 27 JUN	£162,000	£143,401	13% above HPI

16 PRIORY WAY 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 PRIORY WAY sales between June 2003 and April 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 April 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 16 PRIORY WAY be worth now?

16 PRIORY WAY might now be worth an estimated £291,127.

This is based on house price inflation of 55.3%, between April 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 55.3% inflationary increase is applied to the most recent sale price for 16 PRIORY WAY of £187,500 on 30th April 2015. For the value to have increased from £187,500 to £291,127 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 16 PRIORY WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2015 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 16 PRIORY WAY has not materially changed since April 2015.

How Large is 16 PRIORY WAY?

16 PRIORY WAY is 88m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% 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 16 PRIORY WAY lies on this distribution: 28% of detached houses houses are smaller than 16 PRIORY WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

16 PRIORY WAY: Plot and Title Map

16 PRIORY WAY sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 16 PRIORY WAY, 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 PRIORY WAY). 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 PRIORY WAY?

16 PRIORY WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 16 on PRIORY WAY.