7, ASPEN DRIVE, SLEAFORD, NG34 7GN - £178,000

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

7 ASPEN DRIVE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £178,000 in January 2020, which was around 31% below the average January 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

7 ASPEN DRIVE Sold Prices

Land registry data shows three sales for 7 ASPEN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 7 ASPEN DRIVE 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
2020 29 JAN	£178,000	£259,573	31% below HPI
2010 18 JUN	£127,710	£180,488	29% below HPI
2002 15 MAR	£74,000	£98,131	25% below HPI

7 ASPEN DRIVE 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 three 7 ASPEN DRIVE sales between March 2002 and January 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 June 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 ASPEN DRIVE?

7 ASPEN DRIVE is 75m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 7 ASPEN DRIVE lies on this distribution: 13% of detached houses are smaller than 7 ASPEN DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

7 ASPEN DRIVE: Plot and Title Map

7 ASPEN DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 7 ASPEN 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 7 ASPEN 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 7 ASPEN DRIVE?

7 ASPEN DRIVE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 7 on ASPEN DRIVE.