43, MILTON WAY, SLEAFORD, NG34 7GE - £212,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

43 MILTON WAY is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £328,583. It was last sold for £212,000 in February 2015, which was around 9% above the average February 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

43 MILTON WAY Sold Prices

Land registry data shows four sales for 43 MILTON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 43 MILTON 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
2015 27 FEB	£212,000	£195,332	9% above HPI
2004 15 JUN	£203,000	£164,385	23% above HPI
1999 28 JUN	£88,500	£69,161	28% above HPI
1997 22 DEC	£88,000	£65,764	34% above HPI

43 MILTON 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 four 43 MILTON WAY sales between December 1997 and February 2015 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 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 43 MILTON WAY be worth now?

43 MILTON WAY might now be worth an estimated £328,583.

This is based on house price inflation of 55%, between February 2015 and February 2025, 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 55% inflationary increase is applied to the most recent sale price for 43 MILTON WAY of £212,000 on 27th February 2015. For the value to have increased from £212,000 to £328,583 over the ten years to February 2025, the following assumptions must hold true:

• The value of 43 MILTON WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2015 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 43 MILTON WAY has not materially changed since February 2015.

How Large is 43 MILTON WAY?

43 MILTON WAY is 125m² according to the EPC inspection conducted in December 2013. This puts it in the largest 30% 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 43 MILTON WAY lies on this distribution: 74% of detached houses houses are smaller than 43 MILTON WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

43 MILTON WAY: Plot and Title Map

43 MILTON WAY sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 43 MILTON 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 43 MILTON 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 43 MILTON WAY?

43 MILTON WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 43 on MILTON WAY.