22, OUSEMERE CLOSE, BILLINGBOROUGH, SLEAFORD, NG34 0HY - £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

22 OUSEMERE CLOSE is a very large detached house of 228m², built sometime between 2003 and 2006. It was last sold for £310,000 in March 2020, which was around 1% above the average March 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was C.

22 OUSEMERE CLOSE Sold Prices

Land registry data shows four sales for 22 OUSEMERE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 22 OUSEMERE 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
2020 24 MAR	£310,000	£306,879	1% above HPI
2017 19 APR	£270,000	£275,057	2% below HPI
2010 8 OCT	£249,500	£223,515	12% above HPI
2004 12 MAR	£249,995	£188,092	33% above HPI

22 OUSEMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 22 OUSEMERE CLOSE sales between March 2004 and March 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 April 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 22 OUSEMERE CLOSE?

22 OUSEMERE CLOSE is 228m² according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Billingborough, and where 22 OUSEMERE CLOSE lies on this distribution: 91% of detached houses are smaller than 22 OUSEMERE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

22 OUSEMERE CLOSE: Plot and Title Map

22 OUSEMERE CLOSE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 22 OUSEMERE 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 22 OUSEMERE 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 22 OUSEMERE CLOSE?

22 OUSEMERE CLOSE is located in BILLINGBOROUGH, in the NG34 postcode district. The below map shows the position of No. 22 on OUSEMERE CLOSE.