48, MILTON WAY, SLEAFORD, NG34 7GE - £167,500

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.

48 MILTON WAY is a midsized detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £280,806. It was last sold for £167,500 in January 2010, which was around 7% below the average January 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

48 MILTON WAY Sold Prices

Land registry data shows three sales for 48 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. One of the three 48 MILTON WAY sales was for below the average price, whilst two 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
2010 29 JAN	£167,500	£180,589	7% below HPI
2004 30 JUN	£167,000	£164,385	2% above HPI
1997 27 MAR	£69,950	£63,016	11% above HPI

48 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 48 MILTON WAY sales between March 1997 and January 2010 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2010 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 48 MILTON WAY be worth now?

48 MILTON WAY might now be worth an estimated £280,806.

This is based on house price inflation of 67.6%, between January 2010 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 67.6% inflationary increase is applied to the most recent sale price for 48 MILTON WAY of £167,500 on 29th January 2010. For the value to have increased from £167,500 to £280,806 over the fourteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 48 MILTON WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The January 2010 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 48 MILTON WAY has not materially changed since January 2010.

How Large is 48 MILTON WAY?

48 MILTON WAY is 102m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 50% 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 48 MILTON WAY lies on this distribution: 47% of detached houses houses are smaller than 48 MILTON WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

48 MILTON WAY: Plot and Title Map

48 MILTON WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 48 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 48 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 48 MILTON WAY?

48 MILTON WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 48 on MILTON WAY.