47, MILTON WAY, SLEAFORD, NG34 7GE - £357,000

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

47 MILTON WAY is a small detached house of 96m², built sometime between 1996 and 2002, which could now be worth an estimated £361,439. It was last sold for £357,000 in March 2024, which was around 23% above the average March 2024 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.

47 MILTON WAY Sold Prices

Land registry data shows three sales for 47 MILTON 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 47 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
2024 1 MAR	£357,000	£291,024	23% above HPI
2010 29 JAN	£212,000	£180,589	17% above HPI
1997 18 JUL	£89,950	£66,425	35% above HPI

47 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 three 47 MILTON WAY sales between July 1997 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 January 2010 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 47 MILTON WAY be worth now?

47 MILTON WAY might now be worth an estimated £361,439.

This is based on house price inflation of 1.2%, between March 2024 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 1.2% inflationary increase is applied to the most recent sale price for 47 MILTON WAY of £357,000 on 1st March 2024. For the value to have increased from £357,000 to £361,439 over the three months to December 2024, the following assumptions must hold true:

• The value of 47 MILTON WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2024 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of 47 MILTON WAY has not materially changed since March 2024.

How Large is 47 MILTON WAY?

47 MILTON WAY is 96m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% 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 47 MILTON WAY lies on this distribution: 39% of detached houses houses are smaller than 47 MILTON WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

47 MILTON WAY: Plot and Title Map

47 MILTON WAY sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 47 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 47 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 47 MILTON WAY?

47 MILTON WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 47 on MILTON WAY.