24, PEAR TREE CLOSE, SLEAFORD, NG34 7XJ - £167,500

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

24 PEAR TREE CLOSE is a very large detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £267,455. It was last sold for £167,500 in November 2013, which was around 9% below the average November 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

24 PEAR TREE CLOSE Sold Prices

Land registry data shows three sales for 24 PEAR TREE 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. Two of the three 24 PEAR TREE CLOSE 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
2013 21 NOV	£167,500	£184,527	9% below HPI
2005 9 DEC	£170,000	£178,708	5% below HPI
2002 1 NOV	£126,000	£120,609	4% above HPI

24 PEAR TREE 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 PEAR TREE CLOSE sales between November 2002 and November 2013 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 December 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2013 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 24 PEAR TREE CLOSE be worth now?

24 PEAR TREE CLOSE might now be worth an estimated £267,455.

This is based on house price inflation of 59.7%, between November 2013 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 59.7% inflationary increase is applied to the most recent sale price for 24 PEAR TREE CLOSE of £167,500 on 21st November 2013. For the value to have increased from £167,500 to £267,455 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 24 PEAR TREE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2013 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 24 PEAR TREE CLOSE has not materially changed since November 2013.

How Large is 24 PEAR TREE CLOSE?

24 PEAR TREE CLOSE is 132m² according to the EPC inspection conducted in September 2009. This puts it in the largest 20% 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 PEAR TREE CLOSE lies on this distribution: 80% of detached houses houses are smaller than 24 PEAR TREE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

24 PEAR TREE CLOSE: Plot and Title Map

24 PEAR TREE CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 24 PEAR TREE 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 PEAR TREE 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 PEAR TREE CLOSE?

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