5, MONKS CLOSE, SLEAFORD, NG34 7XY - £257,000

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 MONKS CLOSE is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £257,000 in January 2020, which was around 1% below the average January 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

5 MONKS CLOSE Sold Prices

Land registry data shows five sales for 5 MONKS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 5 MONKS CLOSE 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
2020 17 JAN	£257,000	£259,573	1% below HPI
2014 16 OCT	£215,000	£204,340	5% above HPI
2010 18 JUN	£210,000	£180,488	16% above HPI
2007 13 AUG	£224,000	£202,284	11% above HPI
2004 2 JUN	£209,950	£166,494	26% above HPI

5 MONKS 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 five 5 MONKS CLOSE sales between June 2004 and January 2020 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 October 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 5 MONKS CLOSE?

5 MONKS CLOSE is 123m² according to the EPC inspection conducted in January 2010. This puts it in the largest 30% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 5 MONKS CLOSE lies on this distribution: 72% of detached houses are smaller than 5 MONKS CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

5 MONKS CLOSE: Plot and Title Map

5 MONKS CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 5 MONKS 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 MONKS 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 MONKS CLOSE?

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