3, KIME CLOSE, FOLKINGHAM, SLEAFORD, NG34 0UF - £225,000

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 KIME CLOSE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £225,000 in January 2016, which was around 15% below the average January 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

3 KIME CLOSE Sold Prices

Land registry data shows four sales for 3 KIME 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 South Kesteven local authority area for the corresponding sale date. All of the four 3 KIME 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
2016 29 JAN	£225,000	£265,867	15% below HPI
2009 22 OCT	£194,000	£210,709	8% below HPI
2006 5 OCT	£208,000	£233,031	11% below HPI
2000 17 MAR	£89,950	£95,194	6% below HPI

3 KIME CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 3 KIME CLOSE sales between March 2000 and January 2016 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 October 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 KIME CLOSE?

3 KIME CLOSE is 92m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Folkingham, based on EPC data. The below chart shows the distribution of detached houses by size in Folkingham, and where 3 KIME CLOSE lies on this distribution: 31% of detached houses are smaller than 3 KIME CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Folkingham.

3 KIME CLOSE: Plot and Title Map

3 KIME CLOSE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 3 KIME 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 KIME 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 KIME CLOSE?

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