2, GLEBE CLOSE, QUARRINGTON, SLEAFORD, NG34 8UN - £145,000

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 GLEBE CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £253,078. It was last sold for £145,000 in March 2012, which was around 16% below the average March 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

2 GLEBE CLOSE Sold Prices

Land registry data shows two sales for 2 GLEBE 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 GLEBE 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
2012 15 MAR	£145,000	£173,459	16% below HPI
2006 3 AUG	£165,000	£183,410	10% below HPI

2 GLEBE 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 GLEBE CLOSE sales from August 2006 and March 2012 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 August 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2012 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 GLEBE CLOSE be worth now?

2 GLEBE CLOSE might now be worth an estimated £253,078.

This is based on house price inflation of 74.5%, between March 2012 and February 2025, 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 74.5% inflationary increase is applied to the most recent sale price for 2 GLEBE CLOSE of £145,000 on 15th March 2012. For the value to have increased from £145,000 to £253,078 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 2 GLEBE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2012 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GLEBE CLOSE has not materially changed since March 2012.

How Large is 2 GLEBE CLOSE?

2 GLEBE CLOSE is 66m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 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 GLEBE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 2 GLEBE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 GLEBE CLOSE: Plot and Title Map

2 GLEBE CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 2 GLEBE 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 GLEBE 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 GLEBE CLOSE?

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