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

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

2 ALFRED CLOSE is a very large detached house of 175m², built sometime between 1996 and 2002, which could now be worth an estimated £370,450. It was last sold for £225,000 in October 2011, which was around 26% 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	£178,957	26% above HPI
2006 5 JUN	£250,000	£180,854	38% above HPI
2003 23 MAY	£187,000	£139,637	34% above HPI
1996 20 DEC	£109,995	£62,865	75% 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 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2011 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 ALFRED CLOSE be worth now?

2 ALFRED CLOSE might now be worth an estimated £370,450.

This is based on house price inflation of 64.6%, between October 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 64.6% inflationary increase is applied to the most recent sale price for 2 ALFRED CLOSE of £225,000 on 28th October 2011. For the value to have increased from £225,000 to £370,450 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 ALFRED CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2011 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALFRED CLOSE has not materially changed since October 2011.

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 houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 2 ALFRED CLOSE lies on this distribution: 94% of detached houses 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.