4, THE DROVE, OSBOURNBY, SLEAFORD, NG34 0DH - £122,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

4 THE DROVE is a very small semi-detached house of 68m², built sometime between 1996 and 2002. It was last sold for £122,500 in February 2016, which was around 44% below the average February 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

4 THE DROVE Sold Prices

Land registry data shows two sales for 4 THE DROVE 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. Both of the two 4 THE DROVE 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
2016 24 FEB	£122,500	£216,943	44% below HPI
1999 25 JUN	£49,950	£70,048	29% below HPI

4 THE DROVE 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 THE DROVE sales from June 1999 and February 2016 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 June 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 4 THE DROVE?

4 THE DROVE is 68m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Osbournby, based on EPC data. The below chart shows the distribution of detached houses by size in Osbournby, and where 4 THE DROVE lies on this distribution: 3% of detached houses are smaller than 4 THE DROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Osbournby.

4 THE DROVE: Plot and Title Map

4 THE DROVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 4 THE DROVE, 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 THE DROVE). 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 THE DROVE?

4 THE DROVE is located in OSBOURNBY, in the NG34 postcode district. The below map shows the position of No. 4 on THE DROVE.