4, PRIORY WAY, SLEAFORD, NG34 7XD - £310,000

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 PRIORY WAY is a large detached house of 117m², built sometime between 2003 and 2006, which could now be worth an estimated £295,061. It was last sold for £310,000 in September 2022, which was around 3% below the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

4 PRIORY WAY Sold Prices

Land registry data shows two sales for 4 PRIORY WAY 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. One of the two 4 PRIORY WAY 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
2022 6 SEP	£310,000	£318,077	3% below HPI
2004 30 JUL	£179,950	£166,608	8% above HPI

4 PRIORY WAY 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 PRIORY WAY sales from July 2004 and September 2022 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 July 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 4 PRIORY WAY be worth now?

4 PRIORY WAY might now be worth an estimated £295,061.

This is based on house price deflation of 4.8%, between September 2022 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 4.8% deflationary decrease is applied to the most recent sale price for 4 PRIORY WAY of £310,000 on 6th September 2022. For the value to have decreased from £310,000 to £295,061 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 PRIORY WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2022 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PRIORY WAY has not materially changed since September 2022.

How Large is 4 PRIORY WAY?

4 PRIORY WAY is 117m² according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 4 PRIORY WAY lies on this distribution: 65% of detached houses houses are smaller than 4 PRIORY WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

4 PRIORY WAY: Plot and Title Map

4 PRIORY WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 4 PRIORY WAY, 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 PRIORY WAY). 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 PRIORY WAY?

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