38, SUMMERFIELD DRIVE, SLEAFORD, NG34 8TX - £123,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 SUMMERFIELD DRIVE is a very small semi-detached house of 44m², built sometime between 1996 and 2002, which could now be worth an estimated £185,439. It was last sold for £123,000 in July 2007, which was around 7% below the average July 2007 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

38 SUMMERFIELD DRIVE Sold Prices

Land registry data shows five sales for 38 SUMMERFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 38 SUMMERFIELD 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
2007 27 JUL	£123,000	£131,796	7% below HPI
2004 27 FEB	£87,500	£100,311	13% below HPI
2002 5 DEC	£57,000	£76,515	26% below HPI
2000 25 AUG	£36,500	£49,397	26% below HPI
1998 26 JUN	£30,000	£41,496	28% below HPI

38 SUMMERFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 38 SUMMERFIELD DRIVE sales between June 1998 and July 2007 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 February 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2007 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 38 SUMMERFIELD DRIVE be worth now?

38 SUMMERFIELD DRIVE might now be worth an estimated £185,439.

This is based on house price inflation of 50.8%, between July 2007 and December 2024, for semi-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 50.8% inflationary increase is applied to the most recent sale price for 38 SUMMERFIELD DRIVE of £123,000 on 27th July 2007. For the value to have increased from £123,000 to £185,439 over the sixteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 38 SUMMERFIELD DRIVE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The July 2007 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SUMMERFIELD DRIVE has not materially changed since July 2007.

How Large is 38 SUMMERFIELD DRIVE?

38 SUMMERFIELD DRIVE is 44m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of semi-detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sleaford, and where 38 SUMMERFIELD DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 38 SUMMERFIELD DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

38 SUMMERFIELD DRIVE: Plot and Title Map

38 SUMMERFIELD DRIVE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 38 SUMMERFIELD 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 38 SUMMERFIELD 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 38 SUMMERFIELD DRIVE?

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