5, EASTVIEW CLOSE, CRANWELL VILLAGE, SLEAFORD, NG34 8FR - £159,950

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 EASTVIEW CLOSE is a small detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £252,449. It was last sold for £159,950 in January 2007, which was around 14% below the average January 2007 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

5 EASTVIEW CLOSE Sold Prices

Land registry data shows two sales for 5 EASTVIEW 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. One of the two 5 EASTVIEW CLOSE sales was for below the average price, whilst the other was 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
2007 12 JAN	£159,950	£186,684	14% below HPI
2000 17 NOV	£87,150	£79,538	10% above HPI

5 EASTVIEW 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 EASTVIEW CLOSE sales from November 2000 and January 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 November 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2007 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 EASTVIEW CLOSE be worth now?

5 EASTVIEW CLOSE might now be worth an estimated £252,449.

This is based on house price inflation of 57.8%, between January 2007 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 57.8% inflationary increase is applied to the most recent sale price for 5 EASTVIEW CLOSE of £159,950 on 12th January 2007. For the value to have increased from £159,950 to £252,449 over the sixteen years and one month to December 2024, the following assumptions must hold true:

• The value of 5 EASTVIEW CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The January 2007 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 5 EASTVIEW CLOSE has not materially changed since January 2007.

How Large is 5 EASTVIEW CLOSE?

5 EASTVIEW CLOSE is 100m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranwell, and where 5 EASTVIEW CLOSE lies on this distribution: 37% of detached houses houses are smaller than 5 EASTVIEW CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

5 EASTVIEW CLOSE: Plot and Title Map

5 EASTVIEW CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 5 EASTVIEW 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 EASTVIEW 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 EASTVIEW CLOSE?

5 EASTVIEW CLOSE is located in CRANWELL VILLAGE, in the NG34 postcode district. The below map shows the position of No. 5 on EASTVIEW CLOSE.