18, ROWAN DRIVE, SILK WILLOUGHBY, SLEAFORD, NG34 8PQ - £245,000

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

18 ROWAN DRIVE is a midsized detached house of 98m², built sometime between 1950 and 1966. It was last sold for £245,000 in January 2019, which was around 4% below the average January 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2014, where the current energy rating was F, and the potential energy rating was C.

18 ROWAN DRIVE Sold Prices

Land registry data shows two sales for 18 ROWAN DRIVE 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 18 ROWAN DRIVE 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
2019 18 JAN	£245,000	£256,384	4% below HPI
2013 24 JUN	£150,000	£186,788	20% below HPI

18 ROWAN DRIVE 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 18 ROWAN DRIVE sales from June 2013 and January 2019 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 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 18 ROWAN DRIVE?

18 ROWAN DRIVE is 98m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% of detached houses in Silk Willoughby, based on EPC data. The below chart shows the distribution of detached houses by size in Silk Willoughby, and where 18 ROWAN DRIVE lies on this distribution: 42% of detached houses are smaller than 18 ROWAN DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Silk Willoughby.

18 ROWAN DRIVE: Plot and Title Map

18 ROWAN DRIVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 18 ROWAN DRIVE, 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 ROWAN DRIVE). 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 ROWAN DRIVE?

18 ROWAN DRIVE is located in SILK WILLOUGHBY, in the NG34 postcode district. The below map shows the position of No. 18 on ROWAN DRIVE.