53, SOUTHFIELDS, SLEAFORD, NG34 7LB - £120,000

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

53 SOUTHFIELDS is a very small semi-detached house of 60m², built sometime between 1983 and 1990. It was last sold for £120,000 in August 2006, which was around 35% below the average August 2006 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

53 SOUTHFIELDS Sold Prices

Land registry data shows three sales for 53 SOUTHFIELDS 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. All of the three 53 SOUTHFIELDS 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
2006 7 AUG	£120,000	£185,763	35% below HPI
2004 28 MAY	£98,500	£162,824	40% below HPI
1999 10 DEC	£40,250	£72,894	45% below HPI

53 SOUTHFIELDS 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 53 SOUTHFIELDS sales between December 1999 and August 2006 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 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2006 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 53 SOUTHFIELDS?

53 SOUTHFIELDS is 60m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 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 53 SOUTHFIELDS lies on this distribution: 3% of detached houses are smaller than 53 SOUTHFIELDS, and 97% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

53 SOUTHFIELDS: Plot and Title Map

53 SOUTHFIELDS sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 53 SOUTHFIELDS, 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 53 SOUTHFIELDS). 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 53 SOUTHFIELDS?

53 SOUTHFIELDS is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 53 on SOUTHFIELDS.