29A, THE DROVE, SLEAFORD, NG34 7AP - £270,000

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

29A THE DROVE is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £270,000 in March 2022, which was around 10% below the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

29A THE DROVE Sold Prices

Land registry data shows three sales for 29A THE DROVE 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 29A THE DROVE 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
2022 14 MAR	£270,000	£298,804	10% below HPI
2007 29 JAN	£154,000	£189,078	19% below HPI
2002 1 JUL	£91,250	£109,372	17% below HPI

29A THE DROVE 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 29A THE DROVE sales between July 2002 and March 2022 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 January 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 29A THE DROVE?

29A THE DROVE is 119m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 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 29A THE DROVE lies on this distribution: 67% of detached houses are smaller than 29A THE DROVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

29A THE DROVE: Plot and Title Map

29A THE DROVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 29A THE DROVE, 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 29A THE DROVE). 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 29A THE DROVE?

29A THE DROVE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 29A on THE DROVE.