25, FORUM WAY, SLEAFORD, NG34 7FF - £135,000

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

25 FORUM WAY is a small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £135,000 in November 2013, which was around 28% below the average November 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

25 FORUM WAY Sold Prices

Land registry data shows four sales for 25 FORUM 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 25 FORUM WAY 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
2013 21 NOV	£135,000	£186,894	28% below HPI
2004 2 AUG	£137,000	£171,818	20% below HPI
2001 12 FEB	£67,000	£81,395	18% below HPI
1998 27 NOV	£61,950	£69,217	10% below HPI

25 FORUM 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 25 FORUM WAY sales between November 1998 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 August 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2013 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 25 FORUM WAY?

25 FORUM WAY is 91m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 25 FORUM WAY lies on this distribution: 34% of detached houses are smaller than 25 FORUM WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

25 FORUM WAY: Plot and Title Map

25 FORUM WAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 25 FORUM 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 25 FORUM 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 25 FORUM WAY?

25 FORUM WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 25 on FORUM WAY.