7, EAST CLOSE, RUSKINGTON, SLEAFORD, NG34 9HZ - £295,000

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 EAST CLOSE is a midsized extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £295,000 in September 2022, which was around 8% below the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

7 EAST CLOSE Sold Prices

Land registry data shows three sales for 7 EAST 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 North Kesteven local authority area for the corresponding sale date. The three 7 EAST CLOSE sales were a mix of below the average price, and roughly equal to 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
2022 29 SEP	£295,000	£322,157	8% below HPI
2004 15 JAN	£135,000	£157,870	14% below HPI
2001 7 SEP	£89,950	£89,607	Close to HPI

7 EAST 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 three 7 EAST CLOSE sales between September 2001 and September 2022 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 January 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 EAST CLOSE?

7 EAST CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 50% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 7 EAST CLOSE lies on this distribution: 41% of detached houses are smaller than 7 EAST CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

7 EAST CLOSE: Plot and Title Map

7 EAST CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 7 EAST 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 7 EAST 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 7 EAST CLOSE?

7 EAST CLOSE is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 7 on EAST CLOSE.