5, FARRIERS GATE, CRANWELL VILLAGE, SLEAFORD, NG34 8NT - £170,000

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 FARRIERS GATE is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £170,000 in October 2014, which was around 17% below the average October 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

5 FARRIERS GATE Sold Prices

Land registry data shows four sales for 5 FARRIERS GATE 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 FARRIERS GATE 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
2014 31 OCT	£170,000	£204,340	17% below HPI
2010 27 AUG	£160,000	£183,842	13% below HPI
2005 14 SEP	£162,000	£178,724	9% below HPI
2002 10 JUL	£106,700	£109,372	2% below HPI

5 FARRIERS GATE 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 FARRIERS GATE sales between July 2002 and October 2014 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 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 FARRIERS GATE?

5 FARRIERS GATE is 95m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cranwell, and where 5 FARRIERS GATE lies on this distribution: 31% of detached houses are smaller than 5 FARRIERS GATE, and 69% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

5 FARRIERS GATE: Plot and Title Map

5 FARRIERS GATE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 5 FARRIERS GATE, 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 FARRIERS GATE). 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 FARRIERS GATE?

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