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 WESSEX CLOSE is a large extended detached house of 127m², built sometime between 1991 and 1995. It was last sold for £240,000 in July 2020, which was around 8% below the average July 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 23 WESSEX CLOSE since 1st 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 WESSEX 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 |
---|---|---|---|
2020 24 JUL | £240,000 | £259,619 | 8% below HPI |
2013 21 AUG | £175,000 | £185,838 | 6% below HPI |
2008 10 NOV | £173,500 | £179,189 | 3% below HPI |
2001 3 MAY | £94,000 | £83,308 | 13% above HPI |
1999 26 NOV | £79,950 | £72,192 | 11% above HPI |
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 WESSEX CLOSE sales between November 1999 and July 2020 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 August 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
23 WESSEX CLOSE is 127m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 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 23 WESSEX CLOSE lies on this distribution: 76% of detached houses are smaller than 23 WESSEX CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Sleaford.
23 WESSEX CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 23 WESSEX 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 WESSEX 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.
23 WESSEX CLOSE is located in QUARRINGTON, in the NG34 postcode district. The below map shows the position of No. 23 on WESSEX CLOSE.