6, CHESTNUT CLOSE, SLEAFORD, NG34 7GX - £57,500

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

6 CHESTNUT CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £211,995. It was last sold for £57,500 in August 2000, which was around 28% below the average August 2000 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

6 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 6 CHESTNUT CLOSE 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 6 CHESTNUT CLOSE 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
2000 29 AUG	£57,500	£79,917	28% below HPI
1997 14 MAR	£46,500	£63,016	26% below HPI

6 CHESTNUT 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 two 6 CHESTNUT CLOSE sales from March 1997 and August 2000 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 March 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2000 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 6 CHESTNUT CLOSE be worth now?

6 CHESTNUT CLOSE might now be worth an estimated £211,995.

This is based on house price inflation of 268.7%, between August 2000 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 268.7% inflationary increase is applied to the most recent sale price for 6 CHESTNUT CLOSE of £57,500 on 29th August 2000. For the value to have increased from £57,500 to £211,995 over the 23 years and eight months to December 2024, the following assumptions must hold true:

• The value of 6 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2000 sale price of £57,500 represented a fair market value for the property.
• The size, condition, and specification of 6 CHESTNUT CLOSE has not materially changed since August 2000.

How Large is 6 CHESTNUT CLOSE?

6 CHESTNUT CLOSE is 69m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% 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 6 CHESTNUT CLOSE lies on this distribution: 9% of detached houses houses are smaller than 6 CHESTNUT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

6 CHESTNUT CLOSE: Plot and Title Map

6 CHESTNUT CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 6 CHESTNUT 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 6 CHESTNUT 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 6 CHESTNUT CLOSE?

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