22, SLEAFORD ROAD, CRANWELL VILLAGE, SLEAFORD, NG34 8BY - £240,000

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 SLEAFORD ROAD is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £240,000 in February 2022, which was around 19% below the average February 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was A.

22 SLEAFORD ROAD Sold Prices

Land registry data shows three sales for 22 SLEAFORD ROAD 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 22 SLEAFORD ROAD 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
2022 16 FEB	£240,000	£294,972	19% below HPI
2018 29 OCT	£186,000	£255,395	27% below HPI
1998 16 MAR	£48,500	£67,479	28% below HPI

22 SLEAFORD ROAD 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 22 SLEAFORD ROAD sales between March 1998 and February 2022 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 October 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 22 SLEAFORD ROAD?

22 SLEAFORD ROAD is 79m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cranwell, and where 22 SLEAFORD ROAD lies on this distribution: 18% of detached houses are smaller than 22 SLEAFORD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

22 SLEAFORD ROAD: Plot and Title Map

22 SLEAFORD ROAD sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of 22 SLEAFORD ROAD, 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 SLEAFORD ROAD). 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 SLEAFORD ROAD?

22 SLEAFORD ROAD is located in CRANWELL VILLAGE, in the NG34 postcode district. The below map shows the position of No. 22 on SLEAFORD ROAD.