48, WEST ROAD, RUSKINGTON, SLEAFORD, NG34 9AL - £150,000

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

48 WEST ROAD is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £150,000 in November 2021, which was around 48% below the average November 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

48 WEST ROAD Sold Prices

Land registry data shows two sales for 48 WEST ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 48 WEST 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 22 NOV	£150,000	£286,536	48% below HPI
1997 13 JUN	£40,000	£65,499	39% below HPI

48 WEST 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 two 48 WEST ROAD sales from June 1997 and November 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 June 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 48 WEST ROAD?

48 WEST ROAD is 65m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 48 WEST ROAD lies on this distribution: 5% of detached houses are smaller than 48 WEST ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

48 WEST ROAD: Plot and Title Map

48 WEST ROAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 48 WEST 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 48 WEST 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 48 WEST ROAD?

48 WEST ROAD is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 48 on WEST ROAD.