5, CYGNET CLOSE, SLEAFORD, NG34 7UQ - £214,000

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

5 CYGNET CLOSE is a small extended detached house of 92m², built sometime between 1991 and 1995, which could now be worth an estimated £262,774. It was last sold for £214,000 in December 2017, which was around 11% below the average December 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

5 CYGNET CLOSE Sold Prices

Land registry data shows two sales for 5 CYGNET CLOSE 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 5 CYGNET CLOSE 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
2017 8 DEC	£214,000	£239,954	11% below HPI
2017 24 AUG	£215,000	£232,254	7% below HPI

5 CYGNET CLOSE 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 5 CYGNET CLOSE sales from August 2017 and December 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 August 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 CYGNET CLOSE be worth now?

5 CYGNET CLOSE might now be worth an estimated £262,774.

This is based on house price inflation of 22.8%, between December 2017 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 22.8% inflationary increase is applied to the most recent sale price for 5 CYGNET CLOSE of £214,000 on 8th December 2017. For the value to have increased from £214,000 to £262,774 over the seven years to December 2024, the following assumptions must hold true:

• The value of 5 CYGNET CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2017 sale price of £214,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CYGNET CLOSE has not materially changed since December 2017.

How Large is 5 CYGNET CLOSE?

5 CYGNET CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 5 CYGNET CLOSE lies on this distribution: 35% of detached houses houses are smaller than 5 CYGNET CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

5 CYGNET CLOSE: Plot and Title Map

5 CYGNET CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 5 CYGNET CLOSE, 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 CYGNET CLOSE). 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 CYGNET CLOSE?

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