5, WREN CLOSE, SLEAFORD, NG34 7XA - £250,000

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 WREN CLOSE is a large detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £274,742. It was last sold for £250,000 in December 2020, which was around 7% below the average December 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

5 WREN CLOSE Sold Prices

Land registry data shows three sales for 5 WREN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the three 5 WREN CLOSE sales was for below the average price, whilst two 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 11 DEC	£250,000	£268,109	7% below HPI
2019 15 APR	£249,950	£247,973	1% above HPI
2001 28 SEP	£108,295	£88,472	22% above HPI

5 WREN 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 three 5 WREN CLOSE sales between September 2001 and December 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 April 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 5 WREN CLOSE be worth now?

5 WREN CLOSE might now be worth an estimated £274,742.

This is based on house price inflation of 9.9%, between December 2020 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 9.9% inflationary increase is applied to the most recent sale price for 5 WREN CLOSE of £250,000 on 11th December 2020. For the value to have increased from £250,000 to £274,742 over the four years to December 2024, the following assumptions must hold true:

• The value of 5 WREN CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WREN CLOSE has not materially changed since December 2020.

How Large is 5 WREN CLOSE?

5 WREN CLOSE is 117m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% 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 WREN CLOSE lies on this distribution: 66% of detached houses houses are smaller than 5 WREN CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

5 WREN CLOSE: Plot and Title Map

5 WREN CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 5 WREN 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 WREN 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 WREN CLOSE?

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