4, OUSEMERE CLOSE, BILLINGBOROUGH, SLEAFORD, NG34 0HY - £285,000

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 OUSEMERE CLOSE is a midsized detached house of 154m², built sometime between 1996 and 2002. It was last sold for £285,000 in September 2018, which was around 8% below the average September 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

4 OUSEMERE CLOSE Sold Prices

Land registry data shows two sales for 4 OUSEMERE 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. One of the two 4 OUSEMERE 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
2018 28 SEP	£285,000	£309,614	8% below HPI
2002 25 OCT	£175,000	£155,618	12% above HPI

4 OUSEMERE 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 OUSEMERE CLOSE sales from October 2002 and September 2018 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 October 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 4 OUSEMERE CLOSE?

4 OUSEMERE CLOSE is 154m² according to the EPC inspection conducted in November 2010. This puts it in the largest 50% of detached houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Billingborough, and where 4 OUSEMERE CLOSE lies on this distribution: 56% of detached houses are smaller than 4 OUSEMERE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

4 OUSEMERE CLOSE: Plot and Title Map

4 OUSEMERE CLOSE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 4 OUSEMERE 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 OUSEMERE 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 OUSEMERE CLOSE?

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