24, MALVERN CLOSE, SLEAFORD, NG34 7RA - £303,500

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.

24 MALVERN CLOSE is a large extended detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £303,845. It was last sold for £303,500 in May 2023, which was about the average May 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

24 MALVERN CLOSE Sold Prices

Land registry data shows three sales for 24 MALVERN CLOSE 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. The three 24 MALVERN CLOSE sales were a mix of roughly equal to the average price, and 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
2023 26 MAY	£303,500	£302,405	Close to HPI
2016 18 MAR	£222,950	£214,091	4% above HPI
2014 5 NOV	£213,000	£202,213	5% above HPI

24 MALVERN 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 three 24 MALVERN CLOSE sales between November 2014 and May 2023 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 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 24 MALVERN CLOSE be worth now?

24 MALVERN CLOSE might now be worth an estimated £303,845.

This is based on house price inflation of 0.1%, between May 2023 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 0.1% inflationary increase is applied to the most recent sale price for 24 MALVERN CLOSE of £303,500 on 26th May 2023. For the value to have increased from £303,500 to £303,845 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 24 MALVERN CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2023 sale price of £303,500 represented a fair market value for the property.
• The size, condition, and specification of 24 MALVERN CLOSE has not materially changed since May 2023.

How Large is 24 MALVERN CLOSE?

24 MALVERN CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 30% 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 24 MALVERN CLOSE lies on this distribution: 72% of detached houses houses are smaller than 24 MALVERN CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

24 MALVERN CLOSE: Plot and Title Map

24 MALVERN CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 24 MALVERN 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 24 MALVERN 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 24 MALVERN CLOSE?

24 MALVERN CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 24 on MALVERN CLOSE.