5, WELLAND CLOSE, RUSKINGTON, SLEAFORD, NG34 9HQ - £184,950

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 WELLAND CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £184,950 in February 2021, which was around 32% below the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

5 WELLAND CLOSE Sold Prices

Land registry data shows four sales for 5 WELLAND CLOSE 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 WELLAND CLOSE 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
2021 18 FEB	£184,950	£273,488	32% below HPI
2019 28 MAY	£148,000	£250,696	41% below HPI
2002 29 NOV	£94,950	£122,156	22% below HPI
1996 29 OCT	£39,995	£63,162	37% below HPI

5 WELLAND 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 four 5 WELLAND CLOSE sales between October 1996 and February 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 May 2019 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 WELLAND CLOSE?

5 WELLAND CLOSE is 75m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 5 WELLAND CLOSE lies on this distribution: 12% of detached houses are smaller than 5 WELLAND CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

5 WELLAND CLOSE: Plot and Title Map

5 WELLAND CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 5 WELLAND 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 WELLAND 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 WELLAND CLOSE?

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