18, STONE WAY, SLEAFORD, NG34 8NU - £151,250

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

18 STONE WAY is a very small detached house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £242,979. It was last sold for £151,250 in December 2013, which was around 18% below the average December 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

18 STONE WAY Sold Prices

Land registry data shows three sales for 18 STONE 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. All of the three 18 STONE WAY 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
2013 2 DEC	£151,250	£183,410	18% below HPI
2004 29 JUL	£160,000	£166,608	4% below HPI
2002 20 MAR	£83,995	£96,888	13% below HPI

18 STONE 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 18 STONE WAY sales between March 2002 and December 2013 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 July 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2013 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 18 STONE WAY be worth now?

18 STONE WAY might now be worth an estimated £242,979.

This is based on house price inflation of 60.6%, between December 2013 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 60.6% inflationary increase is applied to the most recent sale price for 18 STONE WAY of £151,250 on 2nd December 2013. For the value to have increased from £151,250 to £242,979 over the eleven years to December 2024, the following assumptions must hold true:

• The value of 18 STONE WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2013 sale price of £151,250 represented a fair market value for the property.
• The size, condition, and specification of 18 STONE WAY has not materially changed since December 2013.

How Large is 18 STONE WAY?

18 STONE WAY is 77m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 18 STONE WAY lies on this distribution: 15% of detached houses houses are smaller than 18 STONE WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

18 STONE WAY: Plot and Title Map

18 STONE WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 18 STONE 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 18 STONE 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 18 STONE WAY?

18 STONE WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 18 on STONE WAY.