22, STEPHENS WAY, SLEAFORD, NG34 7JN - £172,000

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 STEPHENS WAY is a small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £172,000 in September 2019, which was around 32% below the average September 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

22 STEPHENS WAY Sold Prices

Land registry data shows three sales for 22 STEPHENS WAY 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 STEPHENS WAY 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
2019 6 SEP	£172,000	£254,667	32% below HPI
2004 21 MAY	£156,950	£162,824	4% below HPI
1999 14 APR	£54,000	£69,804	23% below HPI

22 STEPHENS WAY 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 STEPHENS WAY sales between April 1999 and September 2019 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 May 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 22 STEPHENS WAY?

22 STEPHENS WAY is 82m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 22 STEPHENS WAY lies on this distribution: 21% of detached houses are smaller than 22 STEPHENS WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

22 STEPHENS WAY: Plot and Title Map

22 STEPHENS WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 22 STEPHENS WAY, 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 STEPHENS WAY). 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 STEPHENS WAY?

22 STEPHENS WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 22 on STEPHENS WAY.