27, SOUTHGATE SPINNEYS, SOUTH RAUCEBY, SLEAFORD, NG34 8QF - £500,000

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

27 SOUTHGATE SPINNEYS is a midsized extended detached house of 162m², built sometime between 2003 and 2006. It was last sold for £500,000 in February 2024, which was around 67% above the average February 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

27 SOUTHGATE SPINNEYS Sold Prices

Land registry data shows three sales for 27 SOUTHGATE SPINNEYS 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. All of the three 27 SOUTHGATE SPINNEYS 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
2024 5 FEB	£500,000	£299,872	67% above HPI
2007 19 SEP	£249,950	£204,191	22% above HPI
2005 22 APR	£210,000	£176,574	19% above HPI

27 SOUTHGATE SPINNEYS 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 27 SOUTHGATE SPINNEYS sales between April 2005 and February 2024 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 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2024 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 27 SOUTHGATE SPINNEYS?

27 SOUTHGATE SPINNEYS is 162m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses in South Rauceby, based on EPC data. The below chart shows the distribution of detached houses by size in South Rauceby, and where 27 SOUTHGATE SPINNEYS lies on this distribution: 57% of detached houses are smaller than 27 SOUTHGATE SPINNEYS, and 43% of houses are larger. Note that EPC data is not available for all properties in South Rauceby.

27 SOUTHGATE SPINNEYS: Plot and Title Map

27 SOUTHGATE SPINNEYS sits on a plot of roughly 0.455 of an acre, or 1,842m². The below map shows the location of 27 SOUTHGATE SPINNEYS, 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 27 SOUTHGATE SPINNEYS). 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 27 SOUTHGATE SPINNEYS?

27 SOUTHGATE SPINNEYS is located in SOUTH RAUCEBY, in the NG34 postcode district. The below map shows the position of No. 27 on SOUTHGATE SPINNEYS.