16A, SLEAFORD ROAD, CRANWELL VILLAGE, SLEAFORD, NG34 8BY - £260,000

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

16A SLEAFORD ROAD is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £260,000 in August 2023, which was around 14% below the average August 2023 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.

16A SLEAFORD ROAD Sold Prices

Land registry data shows five sales for 16A SLEAFORD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 16A SLEAFORD 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
2023 21 AUG	£260,000	£303,276	14% below HPI
2019 28 JUN	£175,000	£252,423	31% below HPI
1999 7 APR	£63,000	£69,804	10% below HPI
1996 14 MAY	£55,500	£62,083	11% below HPI
1995 26 MAY	£15,000	£62,642	76% below HPI

16A SLEAFORD 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 five 16A SLEAFORD ROAD sales between May 1995 and August 2023 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 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16A SLEAFORD ROAD?

16A SLEAFORD ROAD is 72m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cranwell, and where 16A SLEAFORD ROAD lies on this distribution: 10% of detached houses are smaller than 16A SLEAFORD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

16A SLEAFORD ROAD: Plot and Title Map

16A SLEAFORD ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 16A SLEAFORD 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 16A SLEAFORD 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 16A SLEAFORD ROAD?

16A SLEAFORD ROAD is located in CRANWELL VILLAGE, in the NG34 postcode district. The below map shows the position of No. 16A on SLEAFORD ROAD.