56, SLEAFORD ROAD, RUSKINGTON, SLEAFORD, NG34 9BS - £175,000

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

56 SLEAFORD ROAD is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £175,000 in July 2024, which was around 42% below the average July 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

56 SLEAFORD ROAD Sold Prices

Land registry data shows six sales for 56 SLEAFORD ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the six 56 SLEAFORD ROAD 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
2024 5 JUL	£175,000	£301,915	42% below HPI
2012 29 OCT	£120,000	£176,113	32% below HPI
2003 15 DEC	£131,000	£154,126	15% below HPI
2003 28 OCT	£125,000	£148,445	16% below HPI
2002 18 SEP	£87,500	£117,288	25% below HPI
1999 27 AUG	£40,000	£73,068	45% below HPI

56 SLEAFORD ROAD 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 six 56 SLEAFORD ROAD sales between August 1999 and July 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 October 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 56 SLEAFORD ROAD?

56 SLEAFORD ROAD is 58m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 56 SLEAFORD ROAD lies on this distribution: 1% of detached houses are smaller than 56 SLEAFORD ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

56 SLEAFORD ROAD: Plot and Title Map

56 SLEAFORD ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 56 SLEAFORD ROAD, 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 56 SLEAFORD ROAD). 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 56 SLEAFORD ROAD?

56 SLEAFORD ROAD is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 56 on SLEAFORD ROAD.