5, CHAPMAN ROAD, SLEAFORD, NG34 8BX - £240,000

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.

5 CHAPMAN ROAD is a large detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £321,974. It was last sold for £240,000 in February 2017, which was around 6% above the average February 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

5 CHAPMAN ROAD Sold Prices

Land registry data shows three sales for 5 CHAPMAN ROAD 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 5 CHAPMAN ROAD 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
2017 2 FEB	£240,000	£225,670	6% above HPI
2003 18 DEC	£187,500	£152,174	23% above HPI
2000 21 DEC	£114,995	£79,505	45% above HPI

5 CHAPMAN 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 three 5 CHAPMAN ROAD sales between December 2000 and February 2017 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 December 2003 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2017 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 5 CHAPMAN ROAD be worth now?

5 CHAPMAN ROAD might now be worth an estimated £321,974.

This is based on house price inflation of 34.2%, between February 2017 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 34.2% inflationary increase is applied to the most recent sale price for 5 CHAPMAN ROAD of £240,000 on 2nd February 2017. For the value to have increased from £240,000 to £321,974 over the eight years to February 2025, the following assumptions must hold true:

• The value of 5 CHAPMAN ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2017 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHAPMAN ROAD has not materially changed since February 2017.

How Large is 5 CHAPMAN ROAD?

5 CHAPMAN ROAD is 120m² according to the EPC inspection conducted in June 2016. This puts it in the largest 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 5 CHAPMAN ROAD lies on this distribution: 68% of detached houses houses are smaller than 5 CHAPMAN ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

5 CHAPMAN ROAD: Plot and Title Map

5 CHAPMAN ROAD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 5 CHAPMAN 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 5 CHAPMAN 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 5 CHAPMAN ROAD?

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