3, REDWOOD AVENUE, SLEAFORD, NG34 7TJ - £163,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 REDWOOD AVENUE is a very small semi-detached house of 66m², built sometime between 1996 and 2002. It was last sold for £163,000 in March 2021, which was around 40% below the average March 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

3 REDWOOD AVENUE Sold Prices

Land registry data shows four sales for 3 REDWOOD AVENUE 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. All of the four 3 REDWOOD AVENUE 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
2021 18 MAR	£163,000	£272,889	40% below HPI
2012 13 AUG	£123,000	£180,072	32% below HPI
2000 8 DEC	£51,500	£80,525	36% below HPI
1999 28 MAY	£51,500	£69,345	26% below HPI

3 REDWOOD AVENUE 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 REDWOOD AVENUE sales between May 1999 and March 2021 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 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 REDWOOD AVENUE?

3 REDWOOD AVENUE is 66m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 3 REDWOOD AVENUE lies on this distribution: 6% of detached houses are smaller than 3 REDWOOD AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

3 REDWOOD AVENUE: Plot and Title Map

3 REDWOOD AVENUE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 3 REDWOOD AVENUE, 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 REDWOOD AVENUE). 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 REDWOOD AVENUE?

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