4, MANOR CLOSE, CRANWELL VILLAGE, SLEAFORD, NG34 8FP - £148,000

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 MANOR CLOSE is a small detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £243,913. It was last sold for £148,000 in February 2014, which was around 19% below the average February 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

4 MANOR CLOSE Sold Prices

Land registry data shows three sales for 4 MANOR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 4 MANOR 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
2014 14 FEB	£148,000	£183,700	19% below HPI
2007 9 NOV	£154,250	£195,695	21% below HPI
2000 8 SEP	£79,950	£80,678	1% below HPI

4 MANOR 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 three 4 MANOR CLOSE sales between September 2000 and February 2014 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 November 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 4 MANOR CLOSE be worth now?

4 MANOR CLOSE might now be worth an estimated £243,913.

This is based on house price inflation of 64.8%, between February 2014 and February 2025, 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 64.8% inflationary increase is applied to the most recent sale price for 4 MANOR CLOSE of £148,000 on 14th February 2014. For the value to have increased from £148,000 to £243,913 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 4 MANOR CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2014 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MANOR CLOSE has not materially changed since February 2014.

How Large is 4 MANOR CLOSE?

4 MANOR CLOSE is 86m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranwell, and where 4 MANOR CLOSE lies on this distribution: 21% of detached houses houses are smaller than 4 MANOR CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

4 MANOR CLOSE: Plot and Title Map

4 MANOR CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 4 MANOR 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 MANOR 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 MANOR CLOSE?

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