2, BRISTOL WAY, SLEAFORD, NG34 7AE - £187,000

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 BRISTOL WAY is a small detached house of 96m², built sometime between 1991 and 1995, which could now be worth an estimated £214,988. It was last sold for £187,000 in January 2020, which was around 27% below the average January 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

2 BRISTOL WAY Sold Prices

Land registry data shows six sales for 2 BRISTOL WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the six 2 BRISTOL 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
2020 17 JAN	£187,000	£256,285	27% below HPI
2018 16 MAR	£170,000	£235,203	28% below HPI
2007 18 MAY	£147,000	£192,929	24% below HPI
2004 17 SEP	£143,950	£166,717	14% below HPI
2002 6 DEC	£120,000	£122,359	2% below HPI
1996 31 JAN	£54,950	£58,611	6% below HPI

2 BRISTOL 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 six 2 BRISTOL WAY sales between January 1996 and January 2020 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 March 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 BRISTOL WAY be worth now?

2 BRISTOL WAY might now be worth an estimated £214,988.

This is based on house price inflation of 15%, between January 2020 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 15% inflationary increase is applied to the most recent sale price for 2 BRISTOL WAY of £187,000 on 17th January 2020. For the value to have increased from £187,000 to £214,988 over the three years and one month to December 2024, the following assumptions must hold true:

• The value of 2 BRISTOL WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The January 2020 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BRISTOL WAY has not materially changed since January 2020.

How Large is 2 BRISTOL WAY?

2 BRISTOL WAY is 96m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% 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 BRISTOL WAY lies on this distribution: 39% of detached houses houses are smaller than 2 BRISTOL WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 BRISTOL WAY: Plot and Title Map

2 BRISTOL WAY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 2 BRISTOL 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 2 BRISTOL 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 2 BRISTOL WAY?

2 BRISTOL WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 2 on BRISTOL WAY.