3, MANOR CLOSE, CRANWELL VILLAGE, SLEAFORD, NG34 8FP - £173,500

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 MANOR CLOSE is a midsized detached house of 118m², built sometime between 1996 and 2002. It was last sold for £173,500 in January 2012, which was around 2% below the average January 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was A.

3 MANOR CLOSE Sold Prices

Land registry data shows four sales for 3 MANOR 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. Most of the four 3 MANOR CLOSE sales were for above 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
2012 31 JAN	£173,500	£176,899	2% below HPI
2002 17 DEC	£157,000	£123,929	27% above HPI
2001 23 NOV	£115,000	£92,321	25% above HPI
2000 7 JUL	£105,000	£79,010	33% above HPI

3 MANOR 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 MANOR CLOSE sales between July 2000 and January 2012 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 December 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 3 MANOR CLOSE?

3 MANOR CLOSE is 118m² according to the EPC inspection conducted in July 2016. This puts it in the largest 50% 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 MANOR CLOSE lies on this distribution: 58% of detached houses are smaller than 3 MANOR CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

3 MANOR CLOSE: Plot and Title Map

3 MANOR CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 3 MANOR 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 MANOR 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 MANOR CLOSE?

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