23, STOKES DRIVE, SLEAFORD, NG34 8BA - £195,000

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 STOKES DRIVE is a midsized extended detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £246,446. It was last sold for £195,000 in April 2017, which was around 16% below the average April 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

23 STOKES DRIVE Sold Prices

Land registry data shows five sales for 23 STOKES DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 23 STOKES DRIVE 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
2017 28 APR	£195,000	£233,136	16% below HPI
2011 23 MAR	£165,000	£178,531	8% below HPI
2006 29 JUN	£163,950	£180,854	9% below HPI
2003 24 JAN	£137,000	£127,754	7% above HPI
1998 13 NOV	£74,995	£68,341	10% above HPI

23 STOKES DRIVE 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 five 23 STOKES DRIVE sales between November 1998 and April 2017 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 March 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 23 STOKES DRIVE be worth now?

23 STOKES DRIVE might now be worth an estimated £246,446.

This is based on house price inflation of 26.4%, between April 2017 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 26.4% inflationary increase is applied to the most recent sale price for 23 STOKES DRIVE of £195,000 on 28th April 2017. For the value to have increased from £195,000 to £246,446 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 23 STOKES DRIVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 23 STOKES DRIVE has not materially changed since April 2017.

How Large is 23 STOKES DRIVE?

23 STOKES DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 STOKES DRIVE lies on this distribution: 42% of detached houses houses are smaller than 23 STOKES DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

23 STOKES DRIVE: Plot and Title Map

23 STOKES DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 23 STOKES DRIVE, 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 STOKES DRIVE). 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 STOKES DRIVE?

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