24, STOKES DRIVE, SLEAFORD, NG34 8BA - £245,000

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

24 STOKES DRIVE is a midsized extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £245,000 in June 2021, which was around 11% below the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

24 STOKES DRIVE Sold Prices

Land registry data shows three sales for 24 STOKES DRIVE 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 STOKES DRIVE 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
2021 18 JUN	£245,000	£275,516	11% below HPI
2017 7 JUN	£205,500	£238,419	14% below HPI
2000 29 SEP	£92,950	£81,713	14% above HPI

24 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 three 24 STOKES DRIVE sales between September 2000 and June 2021 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 June 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 24 STOKES DRIVE?

24 STOKES DRIVE is 102m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 24 STOKES DRIVE lies on this distribution: 46% of detached houses are smaller than 24 STOKES DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

24 STOKES DRIVE: Plot and Title Map

24 STOKES DRIVE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 24 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 24 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 24 STOKES DRIVE?

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