17, WELLAND CLOSE, RUSKINGTON, SLEAFORD, NG34 9HQ - £131,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 WELLAND CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £219,077. It was last sold for £131,000 in September 2011, which was around 26% below the average September 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

17 WELLAND CLOSE Sold Prices

Land registry data shows two sales for 17 WELLAND CLOSE 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 17 WELLAND 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
2011 1 SEP	£131,000	£176,186	26% below HPI
2005 14 OCT	£112,000	£177,031	37% below HPI

17 WELLAND 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 two 17 WELLAND CLOSE sales from October 2005 and September 2011 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 October 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2011 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 17 WELLAND CLOSE be worth now?

17 WELLAND CLOSE might now be worth an estimated £219,077.

This is based on house price inflation of 67.2%, between September 2011 and December 2024, 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 67.2% inflationary increase is applied to the most recent sale price for 17 WELLAND CLOSE of £131,000 on 1st September 2011. For the value to have increased from £131,000 to £219,077 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 17 WELLAND CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2011 sale price of £131,000 represented a fair market value for the property.
• The size, condition, and specification of 17 WELLAND CLOSE has not materially changed since September 2011.

How Large is 17 WELLAND CLOSE?

17 WELLAND CLOSE is 64m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruskington, and where 17 WELLAND CLOSE lies on this distribution: 4% of detached houses houses are smaller than 17 WELLAND CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

17 WELLAND CLOSE: Plot and Title Map

17 WELLAND CLOSE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 17 WELLAND 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 17 WELLAND 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 17 WELLAND CLOSE?

17 WELLAND CLOSE is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 17 on WELLAND CLOSE.