6, BALMORAL DRIVE, SLEAFORD, NG34 8GA - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 BALMORAL DRIVE is a midsized extended semi-detached house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £432,848. It was last sold for £390,000 in August 2021, which was around 112% above the average August 2021 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

6 BALMORAL DRIVE Sold Prices

Land registry data shows two sales for 6 BALMORAL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 6 BALMORAL DRIVE 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
2021 25 AUG	£390,000	£183,630	112% above HPI
2007 27 JUN	£309,995	£129,183	140% above HPI

6 BALMORAL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 6 BALMORAL DRIVE sales from June 2007 and August 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 June 2007 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the August 2021 sale, where it falls to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might 6 BALMORAL DRIVE be worth now?

6 BALMORAL DRIVE might now be worth an estimated £432,848.

This is based on house price inflation of 11%, between August 2021 and February 2025, for semi-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 11% inflationary increase is applied to the most recent sale price for 6 BALMORAL DRIVE of £390,000 on 25th August 2021. For the value to have increased from £390,000 to £432,848 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 6 BALMORAL DRIVE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The August 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BALMORAL DRIVE has not materially changed since August 2021.

How Large is 6 BALMORAL DRIVE?

6 BALMORAL DRIVE is 131m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of semi-detached houses houses in Greylees, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Greylees, and where 6 BALMORAL DRIVE lies on this distribution: 41% of semi-detached houses houses are smaller than 6 BALMORAL DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Greylees.

6 BALMORAL DRIVE: Plot and Title Map

6 BALMORAL DRIVE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 6 BALMORAL DRIVE, 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 6 BALMORAL DRIVE). 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 6 BALMORAL DRIVE?

6 BALMORAL DRIVE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 6 on BALMORAL DRIVE.