24, SUMMERFIELD DRIVE, SLEAFORD, NG34 8TX - £119,999

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 SUMMERFIELD DRIVE is a very small terraced house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £145,245. It was last sold for £119,999 in January 2019, which was around 12% below the average January 2019 terraced price in the North Kesteven local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

24 SUMMERFIELD DRIVE Sold Prices

Land registry data shows five sales for 24 SUMMERFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. All of the five 24 SUMMERFIELD DRIVE 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
2019 11 JAN	£119,999	£136,487	12% below HPI
2017 17 MAR	£92,000	£123,913	26% below HPI
2016 16 DEC	£95,000	£120,739	21% below HPI
2010 12 NOV	£88,500	£102,940	14% below HPI
2008 11 NOV	£75,000	£99,013	24% below HPI

24 SUMMERFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The five 24 SUMMERFIELD DRIVE sales between November 2008 and January 2019 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 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 24 SUMMERFIELD DRIVE be worth now?

24 SUMMERFIELD DRIVE might now be worth an estimated £145,245.

This is based on house price inflation of 21%, between January 2019 and July 2025, for terraced 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 21% inflationary increase is applied to the most recent sale price for 24 SUMMERFIELD DRIVE of £119,999 on 11th January 2019. For the value to have increased from £119,999 to £145,245 over the five years and six months to July 2025, the following assumptions must hold true:

• The value of 24 SUMMERFIELD DRIVE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The January 2019 sale price of £119,999 represented a fair market value for the property.
• The size, condition, and specification of 24 SUMMERFIELD DRIVE has not materially changed since January 2019.

How Large is 24 SUMMERFIELD DRIVE?

24 SUMMERFIELD DRIVE is 51m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of terraced houses houses in Sleaford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sleaford, and where 24 SUMMERFIELD DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 24 SUMMERFIELD DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

24 SUMMERFIELD DRIVE: Plot and Title Map

24 SUMMERFIELD DRIVE sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 24 SUMMERFIELD 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 SUMMERFIELD 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 SUMMERFIELD DRIVE?

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