5, OAT DRIVE, SLEAFORD, NG34 7WQ - £365,000

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 OAT DRIVE is a very large extended detached house of 176m², built sometime between 2003 and 2006, which could now be worth an estimated £396,957. It was last sold for £365,000 in September 2021, which was around 31% above the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

5 OAT DRIVE Sold Prices

Land registry data shows two sales for 5 OAT DRIVE 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. Both of the two 5 OAT DRIVE 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
2021 16 SEP	£365,000	£278,376	31% above HPI
2005 29 APR	£205,995	£174,337	18% above HPI

5 OAT DRIVE 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 OAT DRIVE sales from April 2005 and September 2021 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 April 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 5 OAT DRIVE be worth now?

5 OAT DRIVE might now be worth an estimated £396,957.

This is based on house price inflation of 8.8%, between September 2021 and February 2025, 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 8.8% inflationary increase is applied to the most recent sale price for 5 OAT DRIVE of £365,000 on 16th September 2021. For the value to have increased from £365,000 to £396,957 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 OAT DRIVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAT DRIVE has not materially changed since September 2021.

How Large is 5 OAT DRIVE?

5 OAT DRIVE is 176m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 5 OAT DRIVE lies on this distribution: 94% of detached houses houses are smaller than 5 OAT DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

5 OAT DRIVE: Plot and Title Map

5 OAT DRIVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 5 OAT DRIVE, 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 OAT DRIVE). 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 OAT DRIVE?

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