23, CYPRESS CLOSE, SLEAFORD, NG34 7FP - £162,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 CYPRESS CLOSE is a very small extended detached house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £209,167. It was last sold for £162,500 in March 2018, which was around 31% below the average March 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

23 CYPRESS CLOSE Sold Prices

Land registry data shows two sales for 23 CYPRESS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 23 CYPRESS CLOSE 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 29 MAR	£162,500	£235,203	31% below HPI
2000 2 NOV	£67,000	£79,538	16% below HPI

23 CYPRESS CLOSE 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 two 23 CYPRESS CLOSE sales from November 2000 and March 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 November 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 23 CYPRESS CLOSE be worth now?

23 CYPRESS CLOSE might now be worth an estimated £209,167.

This is based on house price inflation of 28.7%, between March 2018 and February 2025, 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 28.7% inflationary increase is applied to the most recent sale price for 23 CYPRESS CLOSE of £162,500 on 29th March 2018. For the value to have increased from £162,500 to £209,167 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 23 CYPRESS CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2018 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 23 CYPRESS CLOSE has not materially changed since March 2018.

How Large is 23 CYPRESS CLOSE?

23 CYPRESS CLOSE is 65m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% 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 23 CYPRESS CLOSE lies on this distribution: 6% of detached houses houses are smaller than 23 CYPRESS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

23 CYPRESS CLOSE: Plot and Title Map

23 CYPRESS CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 23 CYPRESS 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 23 CYPRESS 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 23 CYPRESS CLOSE?

23 CYPRESS CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 23 on CYPRESS CLOSE.