3, ASPEN DRIVE, SLEAFORD, NG34 7GN - £45,000

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

3 ASPEN DRIVE is a very small semi-detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £220,956. It was last sold for £45,000 in May 1998, which was around 8% above the average May 1998 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

3 ASPEN DRIVE Sold Prices

Land registry data shows two sales for 3 ASPEN DRIVE 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 North Kesteven local authority area for the corresponding sale date. Both of the two 3 ASPEN DRIVE 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
1998 26 MAY	£45,000	£41,507	8% above HPI
1997 5 SEP	£43,000	£40,254	7% above HPI

3 ASPEN DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 3 ASPEN DRIVE sales from September 1997 and May 1998 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 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 1998 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 ASPEN DRIVE be worth now?

3 ASPEN DRIVE might now be worth an estimated £220,956.

This is based on house price inflation of 391%, between May 1998 and February 2025, for semi-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 391% inflationary increase is applied to the most recent sale price for 3 ASPEN DRIVE of £45,000 on 26th May 1998. For the value to have increased from £45,000 to £220,956 over the 27 years and three months to February 2025, the following assumptions must hold true:

• The value of 3 ASPEN DRIVE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The May 1998 sale price of £45,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ASPEN DRIVE has not materially changed since May 1998.

How Large is 3 ASPEN DRIVE?

3 ASPEN DRIVE is 69m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of semi-detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sleaford, and where 3 ASPEN DRIVE lies on this distribution: 8% of semi-detached houses houses are smaller than 3 ASPEN DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

3 ASPEN DRIVE: Plot and Title Map

3 ASPEN DRIVE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 3 ASPEN DRIVE, 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 3 ASPEN DRIVE). 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 3 ASPEN DRIVE?

3 ASPEN DRIVE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 3 on ASPEN DRIVE.