3, SPIRE VIEW, SLEAFORD, NG34 7RN - £340,000

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 SPIRE VIEW is a very large detached house of 154m², built sometime between 1996 and 2002, which could now be worth an estimated £394,572. It was last sold for £340,000 in October 2020, which was around 30% above the average October 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

3 SPIRE VIEW Sold Prices

Land registry data shows two sales for 3 SPIRE VIEW 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 SPIRE VIEW 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
2020 20 OCT	£340,000	£260,877	30% above HPI
2001 12 APR	£121,000	£79,809	52% above HPI

3 SPIRE VIEW 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 SPIRE VIEW sales from April 2001 and October 2020 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 April 2001 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2020 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 3 SPIRE VIEW be worth now?

3 SPIRE VIEW might now be worth an estimated £394,572.

This is based on house price inflation of 16.1%, between October 2020 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 16.1% inflationary increase is applied to the most recent sale price for 3 SPIRE VIEW of £340,000 on 20th October 2020. For the value to have increased from £340,000 to £394,572 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 SPIRE VIEW has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPIRE VIEW has not materially changed since October 2020.

How Large is 3 SPIRE VIEW?

3 SPIRE VIEW is 154m² according to the EPC inspection conducted in August 2020. This puts it in the largest 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 SPIRE VIEW lies on this distribution: 89% of detached houses houses are smaller than 3 SPIRE VIEW, and 11% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

3 SPIRE VIEW: Plot and Title Map

3 SPIRE VIEW sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 3 SPIRE VIEW, 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 SPIRE VIEW). 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 SPIRE VIEW?

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