2, OLD PLACE, SLEAFORD, NG34 7HR - £127,000

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 OLD PLACE is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £127,000 in February 2006, which was around 27% below the average February 2006 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

2 OLD PLACE Sold Prices

Land registry data shows two sales for 2 OLD PLACE 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 OLD PLACE 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
2006 20 FEB	£127,000	£174,524	27% below HPI
1996 5 NOV	£40,000	£63,459	37% below HPI

2 OLD PLACE 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 OLD PLACE sales from November 1996 and February 2006 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 1996 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2006 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 OLD PLACE?

2 OLD PLACE is 59m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 2 OLD PLACE lies on this distribution: 3% of detached houses are smaller than 2 OLD PLACE, and 97% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 OLD PLACE: Plot and Title Map

2 OLD PLACE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 OLD PLACE, 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 OLD PLACE). 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 OLD PLACE?

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