4, HEREFORD CLOSE, SLEAFORD, NG34 8TP - £232,000

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 HEREFORD CLOSE is a large extended detached house of 126m², built sometime between 1991 and 1995. It was last sold for £232,000 in June 2019, which was around 8% below the average June 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

4 HEREFORD CLOSE Sold Prices

Land registry data shows two sales for 4 HEREFORD 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. Both of the two 4 HEREFORD CLOSE 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
2019 17 JUN	£232,000	£252,423	8% below HPI
2008 27 JUN	£170,000	£191,692	11% below HPI

4 HEREFORD 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 HEREFORD CLOSE sales from June 2008 and June 2019 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 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 4 HEREFORD CLOSE?

4 HEREFORD CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 4 HEREFORD CLOSE lies on this distribution: 75% of detached houses are smaller than 4 HEREFORD CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

4 HEREFORD CLOSE: Plot and Title Map

4 HEREFORD CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 4 HEREFORD 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 HEREFORD 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 HEREFORD CLOSE?

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