51, STEPHENS WAY, SLEAFORD, NG34 7JN - £380,000

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

51 STEPHENS WAY is a very large extended detached house of 220m², built sometime between 2003 and 2006. It was last sold for £380,000 in April 2024, which was around 26% above the average April 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

51 STEPHENS WAY Sold Prices

Land registry data shows two sales for 51 STEPHENS WAY 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 51 STEPHENS 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
2024 26 APR	£380,000	£300,782	26% above HPI
2004 30 JUN	£199,500	£166,494	20% above HPI

51 STEPHENS WAY 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 51 STEPHENS WAY sales from June 2004 and April 2024 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 June 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2024 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 51 STEPHENS WAY?

51 STEPHENS WAY is 220m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 51 STEPHENS WAY lies on this distribution: 97% of detached houses are smaller than 51 STEPHENS WAY, and 3% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

51 STEPHENS WAY: Plot and Title Map

51 STEPHENS WAY sits on a plot of roughly 0.219 of an acre, or 886m². The below map shows the location of 51 STEPHENS 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 51 STEPHENS 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 51 STEPHENS WAY?

51 STEPHENS WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 51 on STEPHENS WAY.