3, PRIORY CLOSE, RUSKINGTON, SLEAFORD, NG34 9ED - £295,000

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 PRIORY CLOSE is a small detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £278,522. It was last sold for £295,000 in November 2022, which was around 8% below the average November 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 3 PRIORY CLOSE 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 PRIORY 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
2022 23 NOV	£295,000	£320,660	8% below HPI
1999 17 SEP	£66,000	£71,637	8% below HPI

3 PRIORY 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 two 3 PRIORY CLOSE sales from September 1999 and November 2022 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 September 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2022 sale, which was also at 8% below the HPI.

What might 3 PRIORY CLOSE be worth now?

3 PRIORY CLOSE might now be worth an estimated £278,522.

This is based on house price deflation of 5.6%, between November 2022 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 5.6% deflationary decrease is applied to the most recent sale price for 3 PRIORY CLOSE of £295,000 on 23rd November 2022. For the value to have decreased from £295,000 to £278,522 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 PRIORY CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRIORY CLOSE has not materially changed since November 2022.

How Large is 3 PRIORY CLOSE?

3 PRIORY CLOSE is 88m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruskington, and where 3 PRIORY CLOSE lies on this distribution: 25% of detached houses houses are smaller than 3 PRIORY CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

3 PRIORY CLOSE: Plot and Title Map

3 PRIORY CLOSE sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of 3 PRIORY 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 PRIORY 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 PRIORY CLOSE?

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