42, STEPHENS WAY, SLEAFORD, NG34 7JN - £207,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

42 STEPHENS WAY is a very large detached house of 142m², built sometime between 2003 and 2006, which could now be worth an estimated £362,452. It was last sold for £207,500 in June 2009, which was around 23% above the average June 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

42 STEPHENS WAY Sold Prices

Land registry data shows three sales for 42 STEPHENS WAY 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 42 STEPHENS WAY sales were for above 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
2009 29 JUN	£207,500	£168,680	23% above HPI
2005 7 APR	£203,000	£174,337	16% above HPI
2003 13 MAR	£149,995	£133,485	12% above HPI

42 STEPHENS WAY 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 STEPHENS WAY sales between March 2003 and June 2009 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 April 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2009 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 42 STEPHENS WAY be worth now?

42 STEPHENS WAY might now be worth an estimated £362,452.

This is based on house price inflation of 74.7%, between June 2009 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.7% inflationary increase is applied to the most recent sale price for 42 STEPHENS WAY of £207,500 on 29th June 2009. For the value to have increased from £207,500 to £362,452 over the fourteen years and six months to December 2024, the following assumptions must hold true:

• The value of 42 STEPHENS WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2009 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 42 STEPHENS WAY has not materially changed since June 2009.

How Large is 42 STEPHENS WAY?

42 STEPHENS WAY is 142m² according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 42 STEPHENS WAY lies on this distribution: 86% of detached houses houses are smaller than 42 STEPHENS WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

42 STEPHENS WAY: Plot and Title Map

42 STEPHENS WAY sits on a plot of roughly 0.273 of an acre, or 1,106m². The below map shows the location of 42 STEPHENS WAY, 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 STEPHENS WAY). 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 STEPHENS WAY?

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