3, ELY STREET, SLEAFORD, NG34 8UE - £250,000

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.

3 ELY STREET is a small extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £258,437. It was last sold for £250,000 in February 2024, which was around 15% below the average February 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

3 ELY STREET Sold Prices

Land registry data shows three sales for 3 ELY STREET 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 3 ELY STREET 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
2024 9 FEB	£250,000	£292,865	15% below HPI
2012 7 NOV	£112,000	£177,028	37% below HPI
1996 29 MAR	£48,750	£56,982	14% below HPI

3 ELY STREET 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 3 ELY STREET sales between March 1996 and February 2024 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 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 ELY STREET be worth now?

3 ELY STREET might now be worth an estimated £258,437.

This is based on house price inflation of 3.4%, between February 2024 and February 2025, 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 3.4% inflationary increase is applied to the most recent sale price for 3 ELY STREET of £250,000 on 9th February 2024. For the value to have increased from £250,000 to £258,437 over the one year to February 2025, the following assumptions must hold true:

• The value of 3 ELY STREET has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELY STREET has not materially changed since February 2024.

How Large is 3 ELY STREET?

3 ELY STREET is 96m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 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 3 ELY STREET lies on this distribution: 39% of detached houses houses are smaller than 3 ELY STREET, and 60% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

3 ELY STREET: Plot and Title Map

3 ELY STREET sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 ELY STREET, 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 ELY STREET). 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 ELY STREET?

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