4, SOUTHFIELDS, SLEAFORD, NG34 7LB - £140,000

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 SOUTHFIELDS is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £140,000 in March 2014, which was around 26% below the average March 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

4 SOUTHFIELDS Sold Prices

Land registry data shows three sales for 4 SOUTHFIELDS 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 SOUTHFIELDS 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 7 MAR	£140,000	£188,038	26% below HPI
2002 10 MAY	£95,000	£101,539	6% below HPI
1998 7 MAY	£60,000	£67,433	11% below HPI

4 SOUTHFIELDS 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 SOUTHFIELDS sales between May 1998 and March 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 May 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 SOUTHFIELDS?

4 SOUTHFIELDS is 113m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 4 SOUTHFIELDS lies on this distribution: 60% of detached houses are smaller than 4 SOUTHFIELDS, and 39% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

4 SOUTHFIELDS: Plot and Title Map

4 SOUTHFIELDS sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 4 SOUTHFIELDS, 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 SOUTHFIELDS). 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 SOUTHFIELDS?

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