5, FORUM WAY, SLEAFORD, NG34 7FF - £230,000

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 FORUM WAY is a midsized extended semi-detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £239,724. It was last sold for £230,000 in April 2023, which was around 18% above the average April 2023 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

5 FORUM WAY Sold Prices

Land registry data shows four sales for 5 FORUM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 5 FORUM WAY 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
2023 4 APR	£230,000	£195,538	18% above HPI
2020 3 JUL	£182,500	£168,469	8% above HPI
2017 19 JUN	£169,950	£153,515	11% above HPI
1996 14 JUN	£39,950	£38,491	4% above HPI

5 FORUM WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 5 FORUM WAY sales between June 1996 and April 2023 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 July 2020 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2023 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 5 FORUM WAY be worth now?

5 FORUM WAY might now be worth an estimated £239,724.

This is based on house price inflation of 4.2%, between April 2023 and February 2025, for semi-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 4.2% inflationary increase is applied to the most recent sale price for 5 FORUM WAY of £230,000 on 4th April 2023. For the value to have increased from £230,000 to £239,724 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 5 FORUM WAY has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The April 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FORUM WAY has not materially changed since April 2023.

How Large is 5 FORUM WAY?

5 FORUM WAY is 100m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of semi-detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sleaford, and where 5 FORUM WAY lies on this distribution: 43% of semi-detached houses houses are smaller than 5 FORUM WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

5 FORUM WAY: Plot and Title Map

5 FORUM WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 5 FORUM WAY, 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 FORUM WAY). 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 FORUM WAY?

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