6, KIME CLOSE, FOLKINGHAM, SLEAFORD, NG34 0UF - £335,000

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 KIME CLOSE is a large detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £413,173. It was last sold for £335,000 in July 2018, which was around 13% above the average July 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

6 KIME CLOSE Sold Prices

Land registry data shows three sales for 6 KIME CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 6 KIME CLOSE 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
2018 3 JUL	£335,000	£295,665	13% above HPI
2008 30 MAY	£250,000	£238,311	5% above HPI
2000 21 JAN	£125,000	£93,067	34% above HPI

6 KIME CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 6 KIME CLOSE sales between January 2000 and July 2018 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 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 6 KIME CLOSE be worth now?

6 KIME CLOSE might now be worth an estimated £413,173.

This is based on house price inflation of 23.3%, between July 2018 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.3% inflationary increase is applied to the most recent sale price for 6 KIME CLOSE of £335,000 on 3rd July 2018. For the value to have increased from £335,000 to £413,173 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 6 KIME CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 6 KIME CLOSE has not materially changed since July 2018.

How Large is 6 KIME CLOSE?

6 KIME CLOSE is 124m² according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of detached houses houses in Folkingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Folkingham, and where 6 KIME CLOSE lies on this distribution: 67% of detached houses houses are smaller than 6 KIME CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Folkingham.

6 KIME CLOSE: Plot and Title Map

6 KIME CLOSE sits on a plot of roughly 0.237 of an acre, or 961m². The below map shows the location of 6 KIME 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 KIME 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 KIME CLOSE?

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