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

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 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 16% 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	£201,752	16% below HPI
2010 27 AUG	£160,000	£181,513	12% below HPI
2005 14 SEP	£162,000	£176,460	8% below HPI
2002 10 JUL	£106,700	£107,987	1% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 FARRIERS GATE be worth now?

5 FARRIERS GATE might now be worth an estimated £248,272.

This is based on house price inflation of 46%, between October 2014 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 46% inflationary increase is applied to the most recent sale price for 5 FARRIERS GATE of £170,000 on 31st October 2014. For the value to have increased from £170,000 to £248,272 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 5 FARRIERS GATE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FARRIERS GATE has not materially changed since October 2014.

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 houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranwell, and where 5 FARRIERS GATE lies on this distribution: 31% of detached houses 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.