3, FRANK WHITTLE CLOSE, CRANWELL VILLAGE, SLEAFORD, NG34 8FH - £178,000

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

3 FRANK WHITTLE CLOSE is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £178,000 in May 2018, which was around 27% below the average May 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

3 FRANK WHITTLE CLOSE Sold Prices

Land registry data shows five sales for 3 FRANK WHITTLE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 3 FRANK WHITTLE 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
2018 29 MAY	£178,000	£245,174	27% below HPI
2015 19 AUG	£148,500	£208,390	29% below HPI
2008 22 DEC	£136,500	£174,212	22% below HPI
2005 26 APR	£140,500	£176,574	20% below HPI
1998 18 DEC	£62,250	£69,993	11% below HPI

3 FRANK WHITTLE 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 five 3 FRANK WHITTLE CLOSE sales between December 1998 and May 2018 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 August 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 FRANK WHITTLE CLOSE?

3 FRANK WHITTLE CLOSE is 79m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of detached houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cranwell, and where 3 FRANK WHITTLE CLOSE lies on this distribution: 18% of detached houses are smaller than 3 FRANK WHITTLE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

3 FRANK WHITTLE CLOSE: Plot and Title Map

3 FRANK WHITTLE CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 3 FRANK WHITTLE 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 FRANK WHITTLE 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 FRANK WHITTLE CLOSE?

3 FRANK WHITTLE CLOSE is located in CRANWELL VILLAGE, in the NG34 postcode district. The below map shows the position of No. 3 on FRANK WHITTLE CLOSE.