4, KIME CLOSE, FOLKINGHAM, SLEAFORD, NG34 0UF - £207,000

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.

4 KIME CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £254,750. It was last sold for £207,000 in January 2020, which was around 30% below the average January 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

4 KIME CLOSE Sold Prices

Land registry data shows two sales for 4 KIME 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 South Kesteven local authority area for the corresponding sale date. Both of the two 4 KIME 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
2020 24 JAN	£207,000	£296,308	30% below HPI
2000 16 MAR	£72,000	£93,627	23% below HPI

4 KIME CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 4 KIME CLOSE sales from March 2000 and January 2020 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 March 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 KIME CLOSE be worth now?

4 KIME CLOSE might now be worth an estimated £254,750.

This is based on house price inflation of 23.1%, between January 2020 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.1% inflationary increase is applied to the most recent sale price for 4 KIME CLOSE of £207,000 on 24th January 2020. For the value to have increased from £207,000 to £254,750 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 KIME CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2020 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 4 KIME CLOSE has not materially changed since January 2020.

How Large is 4 KIME CLOSE?

4 KIME CLOSE is 77m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses houses in Folkingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Folkingham, and where 4 KIME CLOSE lies on this distribution: 10% of detached houses houses are smaller than 4 KIME CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Folkingham.

4 KIME CLOSE: Plot and Title Map

4 KIME CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 4 KIME 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 KIME 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 KIME CLOSE?

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