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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

29A THE DROVE is a large extended detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £269,655. It was last sold for £270,000 in March 2022, which was around 8% 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	£295,020	8% below HPI
2007 29 JAN	£154,000	£186,684	18% below HPI
2002 1 JUL	£91,250	£107,987	15% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 29A THE DROVE be worth now?

29A THE DROVE might now be worth an estimated £269,655.

This is based on house price deflation of 0.1%, between March 2022 and December 2024, for detached 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 0.1% deflationary decrease is applied to the most recent sale price for 29A THE DROVE of £270,000 on 14th March 2022. For the value to have decreased from £270,000 to £269,655 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 29A THE DROVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 29A THE DROVE has not materially changed since March 2022.

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 houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 29A THE DROVE lies on this distribution: 68% of detached houses 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.