3, STOKES DRIVE, SLEAFORD, NG34 8BA - £198,000

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 STOKES DRIVE is a large extended detached house of 115m², built sometime between 1991 and 1995. It was last sold for £198,000 in November 2015, which was around 7% below the average November 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

3 STOKES DRIVE Sold Prices

Land registry data shows five sales for 3 STOKES DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 3 STOKES DRIVE 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
2015 19 NOV	£198,000	£211,957	7% below HPI
2013 24 SEP	£170,000	£187,148	9% below HPI
2010 30 NOV	£185,000	£187,976	2% below HPI
2006 15 DEC	£174,000	£188,412	8% below HPI
1997 26 AUG	£69,950	£66,529	5% above HPI

3 STOKES DRIVE 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 five 3 STOKES DRIVE sales between August 1997 and November 2015 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2015 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 STOKES DRIVE?

3 STOKES DRIVE is 115m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% 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 STOKES DRIVE lies on this distribution: 62% of detached houses are smaller than 3 STOKES DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

3 STOKES DRIVE: Plot and Title Map

3 STOKES DRIVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 3 STOKES DRIVE, 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 STOKES DRIVE). 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 STOKES DRIVE?

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