42, OAK ROAD, SLEAFORD, NG34 7UF - £225,000

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 OAK ROAD is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £225,000 in December 2021, which was around 22% below the average December 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

42 OAK ROAD Sold Prices

Land registry data shows five sales for 42 OAK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 42 OAK ROAD 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
2021 17 DEC	£225,000	£289,408	22% below HPI
2015 24 JUL	£156,000	£205,973	24% below HPI
2007 3 DEC	£154,000	£195,111	21% below HPI
2004 2 SEP	£134,000	£168,856	21% below HPI
1999 21 MAY	£63,950	£69,345	8% below HPI

42 OAK ROAD 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 five 42 OAK ROAD sales between May 1999 and December 2021 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 July 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 42 OAK ROAD?

42 OAK ROAD is 80m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 42 OAK ROAD lies on this distribution: 18% of detached houses are smaller than 42 OAK ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

42 OAK ROAD: Plot and Title Map

42 OAK ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 42 OAK ROAD, 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 OAK ROAD). 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 OAK ROAD?

42 OAK ROAD is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 42 on OAK ROAD.