6, OUSEMERE CLOSE, BILLINGBOROUGH, SLEAFORD, NG34 0HY - £179,950

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 OUSEMERE CLOSE is a very small semi-detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £223,402. It was last sold for £179,950 in July 2020, which was around 5% below the average July 2020 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

6 OUSEMERE CLOSE Sold Prices

Land registry data shows two sales for 6 OUSEMERE CLOSE 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 South Kesteven local authority area for the corresponding sale date. One of the two 6 OUSEMERE CLOSE sales was for below the average price, whilst the other was 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
2020 21 JUL	£179,950	£190,305	5% below HPI
2002 5 JUL	£99,000	£85,540	16% above HPI

6 OUSEMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 6 OUSEMERE CLOSE sales from July 2002 and July 2020 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 July 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 6 OUSEMERE CLOSE be worth now?

6 OUSEMERE CLOSE might now be worth an estimated £223,402.

This is based on house price inflation of 24.1%, between July 2020 and February 2025, for semi-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 24.1% inflationary increase is applied to the most recent sale price for 6 OUSEMERE CLOSE of £179,950 on 21st July 2020. For the value to have increased from £179,950 to £223,402 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 6 OUSEMERE CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The July 2020 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 6 OUSEMERE CLOSE has not materially changed since July 2020.

How Large is 6 OUSEMERE CLOSE?

6 OUSEMERE CLOSE is 86m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of semi-detached houses houses in Billingborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billingborough, and where 6 OUSEMERE CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 6 OUSEMERE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

6 OUSEMERE CLOSE: Plot and Title Map

6 OUSEMERE CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 6 OUSEMERE 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 OUSEMERE 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 OUSEMERE CLOSE?

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