23, HERVEY ROAD, SLEAFORD, NG34 7LT - £250,000

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

23 HERVEY ROAD is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £250,000 in December 2022, which was around 22% below the average December 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

23 HERVEY ROAD Sold Prices

Land registry data shows three sales for 23 HERVEY 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. Two of the three 23 HERVEY ROAD sales were for below the average price, whilst one was 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
2022 15 DEC	£250,000	£319,772	22% below HPI
2006 18 OCT	£212,000	£189,977	12% above HPI
1997 16 MAY	£47,000	£65,115	28% below HPI

23 HERVEY 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 23 HERVEY ROAD sales between May 1997 and December 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 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 23 HERVEY ROAD?

23 HERVEY ROAD is 75m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 23 HERVEY ROAD lies on this distribution: 13% of detached houses are smaller than 23 HERVEY ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

23 HERVEY ROAD: Plot and Title Map

23 HERVEY ROAD sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 23 HERVEY 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 23 HERVEY 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 23 HERVEY ROAD?

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