2, LARCH WAY, SLEAFORD, NG34 7UG - £162,000

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 LARCH WAY is a small extended semi-detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £192,872. It was last sold for £162,000 in November 2020, which was around 5% below the average November 2020 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

2 LARCH WAY Sold Prices

Land registry data shows two sales for 2 LARCH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 2 LARCH WAY 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
2020 26 NOV	£162,000	£171,183	5% below HPI
2010 19 FEB	£109,950	£120,519	9% below HPI

2 LARCH WAY 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 two 2 LARCH WAY sales from February 2010 and November 2020 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 February 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 LARCH WAY be worth now?

2 LARCH WAY might now be worth an estimated £192,872.

This is based on house price inflation of 19.1%, between November 2020 and February 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 19.1% inflationary increase is applied to the most recent sale price for 2 LARCH WAY of £162,000 on 26th November 2020. For the value to have increased from £162,000 to £192,872 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 LARCH WAY has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The November 2020 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LARCH WAY has not materially changed since November 2020.

How Large is 2 LARCH WAY?

2 LARCH WAY is 83m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of semi-detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sleaford, and where 2 LARCH WAY lies on this distribution: 23% of semi-detached houses houses are smaller than 2 LARCH WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 LARCH WAY: Plot and Title Map

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

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