2, EAST CLOSE, RUSKINGTON, SLEAFORD, NG34 9HZ - £124,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 EAST CLOSE is a very small semi-detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £213,825. It was last sold for £124,000 in August 2013, which was around 2% above the average August 2013 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

2 EAST CLOSE Sold Prices

Land registry data shows three sales for 2 EAST CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 2 EAST 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
2013 21 AUG	£124,000	£121,224	2% above HPI
2005 24 JUN	£126,500	£118,195	7% above HPI
1999 3 DEC	£52,500	£44,538	18% above HPI

2 EAST CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 2 EAST CLOSE sales between December 1999 and August 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 June 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2013 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 EAST CLOSE be worth now?

2 EAST CLOSE might now be worth an estimated £213,825.

This is based on house price inflation of 72.4%, between August 2013 and March 2025, for semi-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 72.4% inflationary increase is applied to the most recent sale price for 2 EAST CLOSE of £124,000 on 21st August 2013. For the value to have increased from £124,000 to £213,825 over the twelve years and five months to March 2025, the following assumptions must hold true:

• The value of 2 EAST CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The August 2013 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 2 EAST CLOSE has not materially changed since August 2013.

How Large is 2 EAST CLOSE?

2 EAST CLOSE is 66m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of semi-detached houses houses in Ruskington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ruskington, and where 2 EAST CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 2 EAST CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

2 EAST CLOSE: Plot and Title Map

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

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