18, OUSEMERE CLOSE, BILLINGBOROUGH, SLEAFORD, NG34 0HY - £244,950

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.

18 OUSEMERE CLOSE is a large extended detached house of 198m², built sometime between 2003 and 2006, which could now be worth an estimated £383,650. It was last sold for £244,950 in February 2015, which was around 5% above the average February 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was C.

18 OUSEMERE CLOSE Sold Prices

Land registry data shows four sales for 18 OUSEMERE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 18 OUSEMERE CLOSE 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
2015 11 FEB	£244,950	£232,825	5% above HPI
2007 2 MAY	£249,950	£234,030	7% above HPI
2005 10 MAY	£235,000	£205,104	15% above HPI
2003 17 APR	£203,000	£166,207	22% above HPI

18 OUSEMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 18 OUSEMERE CLOSE sales between April 2003 and February 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 May 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2015 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 18 OUSEMERE CLOSE be worth now?

18 OUSEMERE CLOSE might now be worth an estimated £383,650.

This is based on house price inflation of 56.6%, between February 2015 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.6% inflationary increase is applied to the most recent sale price for 18 OUSEMERE CLOSE of £244,950 on 11th February 2015. For the value to have increased from £244,950 to £383,650 over the ten years to February 2025, the following assumptions must hold true:

• The value of 18 OUSEMERE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2015 sale price of £244,950 represented a fair market value for the property.
• The size, condition, and specification of 18 OUSEMERE CLOSE has not materially changed since February 2015.

How Large is 18 OUSEMERE CLOSE?

18 OUSEMERE CLOSE is 198m², which includes one extension, according to the EPC inspection conducted in October 2024. This puts it in the largest 30% of detached houses houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingborough, and where 18 OUSEMERE CLOSE lies on this distribution: 76% of detached houses houses are smaller than 18 OUSEMERE CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

18 OUSEMERE CLOSE: Plot and Title Map

18 OUSEMERE CLOSE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 18 OUSEMERE 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 18 OUSEMERE 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 18 OUSEMERE CLOSE?

18 OUSEMERE CLOSE is located in BILLINGBOROUGH, in the NG34 postcode district. The below map shows the position of No. 18 on OUSEMERE CLOSE.