23, FORUM WAY, SLEAFORD, NG34 7FF - £325,000

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

23 FORUM WAY is a midsized detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £319,693. It was last sold for £325,000 in September 2024, which was around 9% above the average September 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

23 FORUM WAY Sold Prices

Land registry data shows six sales for 23 FORUM WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the six 23 FORUM 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
2024 12 SEP	£325,000	£299,534	9% above HPI
2023 10 NOV	£325,000	£295,633	10% above HPI
2022 1 APR	£270,000	£298,295	9% below HPI
2018 18 MAY	£210,000	£242,069	13% below HPI
2017 8 MAR	£160,000	£228,560	30% below HPI
2000 18 AUG	£76,950	£79,917	4% below HPI

23 FORUM 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 six 23 FORUM WAY sales between August 2000 and September 2024 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 2023 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2024 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 23 FORUM WAY be worth now?

23 FORUM WAY might now be worth an estimated £319,693.

This is based on house price deflation of 1.6%, between September 2024 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 1.6% deflationary decrease is applied to the most recent sale price for 23 FORUM WAY of £325,000 on 12th September 2024. For the value to have decreased from £325,000 to £319,693 over the nine months to December 2024, the following assumptions must hold true:

• The value of 23 FORUM WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 23 FORUM WAY has not materially changed since September 2024.

How Large is 23 FORUM WAY?

23 FORUM WAY is 99m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 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 23 FORUM WAY lies on this distribution: 42% of detached houses houses are smaller than 23 FORUM WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

23 FORUM WAY: Plot and Title Map

23 FORUM WAY sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 23 FORUM 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 23 FORUM 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 23 FORUM WAY?

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