3, CEDAR CLOSE, RUSKINGTON, SLEAFORD, NG34 9FH - £184,950

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

3 CEDAR CLOSE is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £184,950 in January 2017, which was around 18% below the average January 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

3 CEDAR CLOSE Sold Prices

Land registry data shows four sales for 3 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 3 CEDAR 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
2017 27 JAN	£184,950	£225,775	18% below HPI
2011 1 NOV	£157,000	£180,290	13% below HPI
1999 25 FEB	£58,000	£70,979	18% below HPI
1995 5 MAY	£56,950	£62,642	9% below HPI

3 CEDAR CLOSE 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 four 3 CEDAR CLOSE sales between May 1995 and January 2017 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 November 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 CEDAR CLOSE?

3 CEDAR CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 3 CEDAR CLOSE lies on this distribution: 32% of detached houses are smaller than 3 CEDAR CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

3 CEDAR CLOSE: Plot and Title Map

3 CEDAR CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 3 CEDAR 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 3 CEDAR 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 3 CEDAR CLOSE?

3 CEDAR CLOSE is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 3 on CEDAR CLOSE.