2, RUSSELL CRESCENT, SLEAFORD, NG34 7JF - £122,500

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 RUSSELL CRESCENT is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £122,500 in September 2011, which was around 31% below the average September 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

2 RUSSELL CRESCENT Sold Prices

Land registry data shows three sales for 2 RUSSELL CRESCENT 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 RUSSELL CRESCENT 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
2011 23 SEP	£122,500	£178,446	31% below HPI
2002 28 MAR	£67,000	£98,131	32% below HPI
1996 28 NOV	£34,000	£63,459	46% below HPI

2 RUSSELL CRESCENT 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 RUSSELL CRESCENT sales between November 1996 and September 2011 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 March 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2011 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 RUSSELL CRESCENT?

2 RUSSELL CRESCENT is 56m² according to the EPC inspection conducted in August 2011. 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 RUSSELL CRESCENT lies on this distribution: 2% of detached houses are smaller than 2 RUSSELL CRESCENT, and 98% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 RUSSELL CRESCENT: Plot and Title Map

2 RUSSELL CRESCENT sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 2 RUSSELL CRESCENT, 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 RUSSELL CRESCENT). 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 RUSSELL CRESCENT?

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