4, CEDAR CLOSE, RUSKINGTON, SLEAFORD, NG34 9FH - £176,500

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

4 CEDAR CLOSE is a large detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £277,961. It was last sold for £176,500 in October 2013, which was around 6% below the average October 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

4 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 4 CEDAR CLOSE 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. One of the two 4 CEDAR CLOSE sales was for below the average price, whilst the other was 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
2013 22 OCT	£176,500	£187,093	6% below HPI
1996 2 AUG	£64,950	£62,025	5% above HPI

4 CEDAR CLOSE 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 4 CEDAR CLOSE sales from August 1996 and October 2013 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 1996 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 4 CEDAR CLOSE be worth now?

4 CEDAR CLOSE might now be worth an estimated £277,961.

This is based on house price inflation of 57.5%, between October 2013 and December 2024, 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 57.5% inflationary increase is applied to the most recent sale price for 4 CEDAR CLOSE of £176,500 on 22nd October 2013. For the value to have increased from £176,500 to £277,961 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 CEDAR CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2013 sale price of £176,500 represented a fair market value for the property.
• The size, condition, and specification of 4 CEDAR CLOSE has not materially changed since October 2013.

How Large is 4 CEDAR CLOSE?

4 CEDAR CLOSE is 124m² according to the EPC inspection conducted in January 2010. This puts it in the largest 40% of detached houses houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruskington, and where 4 CEDAR CLOSE lies on this distribution: 67% of detached houses houses are smaller than 4 CEDAR CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

4 CEDAR CLOSE: Plot and Title Map

4 CEDAR CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 4 CEDAR CLOSE, 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 4 CEDAR CLOSE). 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 4 CEDAR CLOSE?

4 CEDAR CLOSE is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 4 on CEDAR CLOSE.