4, DE GRAVEL DRIVE, CRANWELL VILLAGE, SLEAFORD, NG34 8XF - £120,000

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

4 DE GRAVEL DRIVE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £120,000 in August 2016, which was around 47% below the average August 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

4 DE GRAVEL DRIVE Sold Prices

Land registry data shows two sales for 4 DE GRAVEL DRIVE 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 4 DE GRAVEL 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
2016 19 AUG	£120,000	£226,354	47% below HPI
2000 22 SEP	£45,400	£81,713	44% below HPI

4 DE GRAVEL 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 two 4 DE GRAVEL DRIVE sales from September 2000 and August 2016 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 2000 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2016 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 4 DE GRAVEL DRIVE?

4 DE GRAVEL DRIVE is 61m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cranwell, and where 4 DE GRAVEL DRIVE lies on this distribution: 2% of detached houses are smaller than 4 DE GRAVEL DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

4 DE GRAVEL DRIVE: Plot and Title Map

4 DE GRAVEL DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 4 DE GRAVEL 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 4 DE GRAVEL 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 4 DE GRAVEL DRIVE?

4 DE GRAVEL DRIVE is located in CRANWELL VILLAGE, in the NG34 postcode district. The below map shows the position of No. 4 on DE GRAVEL DRIVE.