28, ALLEN CLOSE, BILLINGBOROUGH, SLEAFORD, NG34 0PZ - £162,500

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.

28 ALLEN CLOSE is a very small semi-detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £192,520. It was last sold for £162,500 in January 2021, which was around 19% below the average January 2021 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

28 ALLEN CLOSE Sold Prices

Land registry data shows two sales for 28 ALLEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 28 ALLEN CLOSE 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
2021 6 JAN	£162,500	£199,417	19% below HPI
2008 28 MAR	£122,000	£149,607	18% below HPI

28 ALLEN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 28 ALLEN CLOSE sales from March 2008 and January 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 March 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 28 ALLEN CLOSE be worth now?

28 ALLEN CLOSE might now be worth an estimated £192,520.

This is based on house price inflation of 18.5%, between January 2021 and February 2025, for semi-detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 28 ALLEN CLOSE of £162,500 on 6th January 2021. For the value to have increased from £162,500 to £192,520 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 28 ALLEN CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The January 2021 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 28 ALLEN CLOSE has not materially changed since January 2021.

How Large is 28 ALLEN CLOSE?

28 ALLEN CLOSE is 94m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of semi-detached houses houses in Billingborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billingborough, and where 28 ALLEN CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 28 ALLEN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

28 ALLEN CLOSE: Plot and Title Map

28 ALLEN CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 28 ALLEN 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 28 ALLEN 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 28 ALLEN CLOSE?

28 ALLEN CLOSE is located in BILLINGBOROUGH, in the NG34 postcode district. The below map shows the position of No. 28 on ALLEN CLOSE.