6, VICTORY WAY, SLEAFORD, NG34 7XL - £240,000

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

6 VICTORY WAY is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £240,000 in January 2021, which was around 12% below the average January 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

6 VICTORY WAY Sold Prices

Land registry data shows four sales for 6 VICTORY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 6 VICTORY WAY 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
2021 8 JAN	£240,000	£272,907	12% below HPI
2015 8 MAY	£185,000	£201,393	8% below HPI
2010 20 AUG	£180,000	£183,842	2% below HPI
2002 5 SEP	£132,500	£117,288	13% above HPI

6 VICTORY WAY 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 four 6 VICTORY WAY sales between September 2002 and January 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 May 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 6 VICTORY WAY?

6 VICTORY WAY is 112m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 6 VICTORY WAY lies on this distribution: 58% of detached houses are smaller than 6 VICTORY WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

6 VICTORY WAY: Plot and Title Map

6 VICTORY WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 6 VICTORY WAY, 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 VICTORY WAY). 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 VICTORY WAY?

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