42, MAIN STREET, SOUTH RAUCEBY, SLEAFORD, NG34 8QG - £490,000

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

42 MAIN STREET is a midsized extended detached house of 158m², built sometime between 1976 and 1982. It was last sold for £490,000 in March 2024, which was around 64% above the average March 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was C.

42 MAIN STREET Sold Prices

Land registry data shows three sales for 42 MAIN STREET 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. The three 42 MAIN STREET sales were a mix of above the average price, roughly equal to the average price, and 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
2024 1 MAR	£490,000	£299,653	64% above HPI
2018 20 NOV	£257,500	£256,562	Close to HPI
1998 12 JUN	£65,500	£67,587	3% below HPI

42 MAIN STREET 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 42 MAIN STREET sales between June 1998 and March 2024 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 November 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2024 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 42 MAIN STREET?

42 MAIN STREET is 158m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses in South Rauceby, based on EPC data. The below chart shows the distribution of detached houses by size in South Rauceby, and where 42 MAIN STREET lies on this distribution: 50% of detached houses are smaller than 42 MAIN STREET, and 48% of houses are larger. Note that EPC data is not available for all properties in South Rauceby.

42 MAIN STREET: Plot and Title Map

42 MAIN STREET sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 42 MAIN STREET, 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 42 MAIN STREET). 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 42 MAIN STREET?

42 MAIN STREET is located in SOUTH RAUCEBY, in the NG34 postcode district. The below map shows the position of No. 42 on MAIN STREET.