5, ASPEN DRIVE, SLEAFORD, NG34 7GN - £151,000

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

5 ASPEN DRIVE is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £151,000 in July 2007, which was around 24% below the average July 2007 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

5 ASPEN DRIVE Sold Prices

Land registry data shows four sales for 5 ASPEN DRIVE 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 5 ASPEN DRIVE 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
2007 13 JUL	£151,000	£199,913	24% below HPI
2004 12 AUG	£132,500	£171,818	23% below HPI
2002 21 MAR	£73,000	£98,131	26% below HPI
1999 25 AUG	£56,000	£73,068	23% below HPI

5 ASPEN DRIVE 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 5 ASPEN DRIVE sales between August 1999 and July 2007 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 August 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2007 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 ASPEN DRIVE?

5 ASPEN DRIVE is 76m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 5 ASPEN DRIVE lies on this distribution: 15% of detached houses are smaller than 5 ASPEN DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

5 ASPEN DRIVE: Plot and Title Map

5 ASPEN DRIVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 5 ASPEN DRIVE, 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 5 ASPEN DRIVE). 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 5 ASPEN DRIVE?

5 ASPEN DRIVE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 5 on ASPEN DRIVE.