38, HERVEY ROAD, SLEAFORD, NG34 7LT - £188,000

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.

38 HERVEY ROAD is a very small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £245,063. It was last sold for £188,000 in August 2017, which was around 19% below the average August 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

38 HERVEY ROAD Sold Prices

Land registry data shows two sales for 38 HERVEY ROAD 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 38 HERVEY ROAD 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
2017 23 AUG	£188,000	£232,254	19% below HPI
1997 3 JUN	£59,995	£64,669	7% below HPI

38 HERVEY ROAD 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 38 HERVEY ROAD sales from June 1997 and August 2017 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 June 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 38 HERVEY ROAD be worth now?

38 HERVEY ROAD might now be worth an estimated £245,063.

This is based on house price inflation of 30.4%, between August 2017 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 30.4% inflationary increase is applied to the most recent sale price for 38 HERVEY ROAD of £188,000 on 23rd August 2017. For the value to have increased from £188,000 to £245,063 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 38 HERVEY ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2017 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 38 HERVEY ROAD has not materially changed since August 2017.

How Large is 38 HERVEY ROAD?

38 HERVEY ROAD is 80m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 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 38 HERVEY ROAD lies on this distribution: 18% of detached houses houses are smaller than 38 HERVEY ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

38 HERVEY ROAD: Plot and Title Map

38 HERVEY ROAD sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 38 HERVEY ROAD, 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 38 HERVEY ROAD). 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 38 HERVEY ROAD?

38 HERVEY ROAD is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 38 on HERVEY ROAD.