2, GLOUCESTER CLOSE, SLEAFORD, NG34 8TE - £143,000

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 GLOUCESTER CLOSE is a small extended detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £222,335. It was last sold for £143,000 in June 2014, which was around 27% below the average June 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

2 GLOUCESTER CLOSE Sold Prices

Land registry data shows three sales for 2 GLOUCESTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 2 GLOUCESTER 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
2014 12 JUN	£143,000	£194,720	27% below HPI
2006 3 NOV	£146,000	£185,742	21% below HPI
1998 30 MAR	£53,500	£66,624	20% below HPI

2 GLOUCESTER 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 three 2 GLOUCESTER CLOSE sales between March 1998 and June 2014 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 November 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 GLOUCESTER CLOSE be worth now?

2 GLOUCESTER CLOSE might now be worth an estimated £222,335.

This is based on house price inflation of 55.5%, between June 2014 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 55.5% inflationary increase is applied to the most recent sale price for 2 GLOUCESTER CLOSE of £143,000 on 12th June 2014. For the value to have increased from £143,000 to £222,335 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 2 GLOUCESTER CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2014 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GLOUCESTER CLOSE has not materially changed since June 2014.

How Large is 2 GLOUCESTER CLOSE?

2 GLOUCESTER CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% 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 GLOUCESTER CLOSE lies on this distribution: 23% of detached houses houses are smaller than 2 GLOUCESTER CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 GLOUCESTER CLOSE: Plot and Title Map

2 GLOUCESTER CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 2 GLOUCESTER 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 GLOUCESTER 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 GLOUCESTER CLOSE?

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