2, LARCH CLOSE, RUSKINGTON, SLEAFORD, NG34 9GB - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 LARCH CLOSE is a very large extended detached house of 162m², built sometime between 2003 and 2006. It was last sold for £310,000 in October 2019, which was around 20% above the average October 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

2 LARCH CLOSE Sold Prices

Land registry data shows two sales for 2 LARCH 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 LARCH 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
2019 30 OCT	£310,000	£257,655	20% above HPI
2003 20 NOV	£167,950	£149,843	12% above HPI

2 LARCH 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 LARCH CLOSE sales from November 2003 and October 2019 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 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2019 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 2 LARCH CLOSE?

2 LARCH CLOSE is 162m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 2 LARCH CLOSE lies on this distribution: 84% of detached houses are smaller than 2 LARCH CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

2 LARCH CLOSE: Plot and Title Map

2 LARCH CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 LARCH 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 LARCH 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 LARCH CLOSE?

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