2, ALFRED CLOSE, QUARRINGTON, SLEAFORD, NG34 8UX - £225,000

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

2 ALFRED CLOSE is a very large detached house of 175m², built sometime between 1996 and 2002. It was last sold for £225,000 in October 2011, which was around 24% above the average October 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

2 ALFRED CLOSE Sold Prices

Land registry data shows four sales for 2 ALFRED 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 North Kesteven local authority area for the corresponding sale date. All of the four 2 ALFRED 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
2011 28 OCT	£225,000	£181,253	24% above HPI
2006 5 JUN	£250,000	£183,174	36% above HPI
2003 23 MAY	£187,000	£141,428	32% above HPI
1996 20 DEC	£109,995	£63,671	73% above HPI

2 ALFRED 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 four 2 ALFRED CLOSE sales between December 1996 and October 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 June 2006 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2011 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 2 ALFRED CLOSE?

2 ALFRED CLOSE is 175m² according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 2 ALFRED CLOSE lies on this distribution: 94% of detached houses are smaller than 2 ALFRED CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 ALFRED CLOSE: Plot and Title Map

2 ALFRED CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 2 ALFRED 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 2 ALFRED 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 2 ALFRED CLOSE?

2 ALFRED CLOSE is located in QUARRINGTON, in the NG34 postcode district. The below map shows the position of No. 2 on ALFRED CLOSE.