2, HOOD CLOSE, SLEAFORD, NG34 7WJ - £300,000

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 HOOD CLOSE is a very large extended detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £321,041. It was last sold for £300,000 in November 2021, which was around 6% above the average November 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

2 HOOD CLOSE Sold Prices

Land registry data shows two sales for 2 HOOD 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 HOOD 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
2021 4 NOV	£300,000	£282,907	6% above HPI
1998 21 DEC	£95,000	£69,106	37% above HPI

2 HOOD 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 HOOD CLOSE sales from December 1998 and November 2021 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 December 1998 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 HOOD CLOSE be worth now?

2 HOOD CLOSE might now be worth an estimated £321,041.

This is based on house price inflation of 7%, between November 2021 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 7% inflationary increase is applied to the most recent sale price for 2 HOOD CLOSE of £300,000 on 4th November 2021. For the value to have increased from £300,000 to £321,041 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 HOOD CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOOD CLOSE has not materially changed since November 2021.

How Large is 2 HOOD CLOSE?

2 HOOD CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 20% 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 HOOD CLOSE lies on this distribution: 81% of detached houses houses are smaller than 2 HOOD CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 HOOD CLOSE: Plot and Title Map

2 HOOD CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 2 HOOD 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 HOOD 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 HOOD CLOSE?

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