7, GRACE CLOSE, SLEAFORD, NG34 7GQ - £118,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 GRACE CLOSE is a very small semi-detached house of 56m², built sometime between 1983 and 1990. It was last sold for £118,000 in May 2020, which was around 52% below the average May 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

7 GRACE CLOSE Sold Prices

Land registry data shows two sales for 7 GRACE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 7 GRACE CLOSE 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 7 MAY	£118,000	£248,405	52% below HPI
1997 30 MAY	£33,500	£65,115	49% below HPI

7 GRACE 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 two 7 GRACE CLOSE sales from May 1997 and May 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 May 1997 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the May 2020 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 7 GRACE CLOSE?

7 GRACE CLOSE is 56m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% 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 GRACE CLOSE lies on this distribution: 2% of detached houses are smaller than 7 GRACE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

7 GRACE CLOSE: Plot and Title Map

7 GRACE CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 7 GRACE 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 GRACE 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 GRACE CLOSE?

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