3, LARCH WAY, SLEAFORD, NG34 7UG - £182,000

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 LARCH WAY is a very small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £222,610. It was last sold for £182,000 in May 2019, which was around 26% below the average May 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

3 LARCH WAY Sold Prices

Land registry data shows two sales for 3 LARCH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 3 LARCH WAY 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
2019 2 MAY	£182,000	£247,520	26% below HPI
2005 20 JUL	£133,500	£177,228	25% below HPI

3 LARCH WAY 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 two 3 LARCH WAY sales from July 2005 and May 2019 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 July 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 LARCH WAY be worth now?

3 LARCH WAY might now be worth an estimated £222,610.

This is based on house price inflation of 22.3%, between May 2019 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 22.3% inflationary increase is applied to the most recent sale price for 3 LARCH WAY of £182,000 on 2nd May 2019. For the value to have increased from £182,000 to £222,610 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 3 LARCH WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2019 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LARCH WAY has not materially changed since May 2019.

How Large is 3 LARCH WAY?

3 LARCH WAY is 76m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% 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 LARCH WAY lies on this distribution: 14% of detached houses houses are smaller than 3 LARCH WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

3 LARCH WAY: Plot and Title Map

3 LARCH WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 3 LARCH WAY, 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 LARCH WAY). 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 LARCH WAY?

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