4, THE DROVE, SLEAFORD, NG34 7AP - £110,000

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 THE DROVE is a midsized extended detached house of 111m², built sometime before 1900. It was last sold for £110,000 in May 2011, which was around 38% below the average May 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

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
2011 13 MAY	£110,000	£177,723	38% below HPI
2004 15 JUN	£105,000	£166,494	37% 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 2004 and May 2011 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 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2011 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 4 THE DROVE?

4 THE DROVE is 111m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 50% 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 THE DROVE lies on this distribution: 58% of detached houses are smaller than 4 THE DROVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

4 THE DROVE: Plot and Title Map

4 THE DROVE sits on a plot of roughly 0.038 of an acre, or 154m². 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 SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 4 on THE DROVE.