2, WHEAT GROVE, SLEAFORD, NG34 7WW - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 WHEAT GROVE is a midsized extended detached house of 105m², built sometime between 2003 and 2006, which could now be worth an estimated £278,672. It was last sold for £225,000 in April 2018, which was around 5% below the average April 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

2 WHEAT GROVE Sold Prices

Land registry data shows three sales for 2 WHEAT GROVE 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 WHEAT GROVE 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
2018 20 APR	£225,000	£237,895	5% below HPI
2006 28 JUN	£168,000	£180,854	7% below HPI
2004 30 SEP	£160,995	£166,717	3% below HPI

2 WHEAT GROVE 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 WHEAT GROVE sales between September 2004 and April 2018 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 June 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 WHEAT GROVE be worth now?

2 WHEAT GROVE might now be worth an estimated £278,672.

This is based on house price inflation of 23.9%, between April 2018 and December 2024, 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 23.9% inflationary increase is applied to the most recent sale price for 2 WHEAT GROVE of £225,000 on 20th April 2018. For the value to have increased from £225,000 to £278,672 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 2 WHEAT GROVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WHEAT GROVE has not materially changed since April 2018.

How Large is 2 WHEAT GROVE?

2 WHEAT GROVE is 105m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% 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 WHEAT GROVE lies on this distribution: 49% of detached houses houses are smaller than 2 WHEAT GROVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 WHEAT GROVE: Plot and Title Map

2 WHEAT GROVE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 2 WHEAT GROVE, 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 WHEAT GROVE). 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 WHEAT GROVE?

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