2, CHESTNUT CLOSE, SLEAFORD, NG34 7GX - £191,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 CHESTNUT CLOSE is a small extended semi-detached house of 82m², built sometime between 1991 and 1995. It was last sold for £191,000 in November 2022, which was around 41% below the average November 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

2 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 2 CHESTNUT CLOSE 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 2 CHESTNUT CLOSE 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
2022 2 NOV	£191,000	£324,773	41% below HPI
2008 11 JAN	£146,750	£191,025	23% below HPI

2 CHESTNUT 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 two 2 CHESTNUT CLOSE sales from January 2008 and November 2022 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 January 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% 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 CHESTNUT CLOSE lies on this distribution: 21% of detached houses are smaller than 2 CHESTNUT CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 CHESTNUT CLOSE: Plot and Title Map

2 CHESTNUT CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 CHESTNUT 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 CHESTNUT 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 CHESTNUT CLOSE?

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