4, RYE CLOSE, SLEAFORD, NG34 7BT - £172,500

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 RYE CLOSE is a midsized detached house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £303,514. It was last sold for £172,500 in August 2009, which was about the average August 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

4 RYE CLOSE Sold Prices

Land registry data shows two sales for 4 RYE 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. One of the two 4 RYE CLOSE sales was roughly equal to the average price, whilst the other was 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
2009 11 AUG	£172,500	£172,065	Close to HPI
2005 1 DEC	£166,995	£178,708	7% below HPI

4 RYE 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 RYE CLOSE sales from December 2005 and August 2009 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 December 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2009 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 RYE CLOSE be worth now?

4 RYE CLOSE might now be worth an estimated £303,514.

This is based on house price inflation of 76%, between August 2009 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 76% inflationary increase is applied to the most recent sale price for 4 RYE CLOSE of £172,500 on 11th August 2009. For the value to have increased from £172,500 to £303,514 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 4 RYE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2009 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 4 RYE CLOSE has not materially changed since August 2009.

How Large is 4 RYE CLOSE?

4 RYE CLOSE is 99m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% 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 RYE CLOSE lies on this distribution: 43% of detached houses houses are smaller than 4 RYE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

4 RYE CLOSE: Plot and Title Map

4 RYE CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 4 RYE 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 RYE 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 RYE CLOSE?

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