24, MILTON WAY, SLEAFORD, NG34 7GE - £310,000

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 MILTON WAY is a large detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £359,756. It was last sold for £310,000 in October 2020, which was around 19% above the average October 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

24 MILTON WAY Sold Prices

Land registry data shows four sales for 24 MILTON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 24 MILTON WAY sales were 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
2020 22 OCT	£310,000	£260,877	19% above HPI
2016 28 SEP	£257,500	£221,313	16% above HPI
2011 12 APR	£209,000	£172,889	21% above HPI
2002 26 APR	£135,000	£98,015	38% above HPI

24 MILTON 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 four 24 MILTON WAY sales between April 2002 and October 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 September 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 24 MILTON WAY be worth now?

24 MILTON WAY might now be worth an estimated £359,756.

This is based on house price inflation of 16.1%, between October 2020 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 16.1% inflationary increase is applied to the most recent sale price for 24 MILTON WAY of £310,000 on 22nd October 2020. For the value to have increased from £310,000 to £359,756 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 MILTON WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MILTON WAY has not materially changed since October 2020.

How Large is 24 MILTON WAY?

24 MILTON WAY is 124m² according to the EPC inspection conducted in July 2020. 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 MILTON WAY lies on this distribution: 73% of detached houses houses are smaller than 24 MILTON WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

24 MILTON WAY: Plot and Title Map

24 MILTON WAY sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 24 MILTON 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 24 MILTON 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 24 MILTON WAY?

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