7, GRANGE CLOSE, RUSKINGTON, SLEAFORD, NG34 9FB - £248,000

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.

7 GRANGE CLOSE is a midsized detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £265,394. It was last sold for £248,000 in November 2021, which was around 12% below the average November 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

7 GRANGE CLOSE Sold Prices

Land registry data shows five sales for 7 GRANGE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 7 GRANGE 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
2021 5 NOV	£248,000	£282,907	12% below HPI
2010 1 MAR	£160,000	£178,601	10% below HPI
2006 31 AUG	£176,000	£183,410	4% below HPI
2004 2 MAR	£140,000	£156,713	11% below HPI
1998 18 DEC	£70,500	£69,106	2% above HPI

7 GRANGE 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 five 7 GRANGE CLOSE sales between December 1998 and November 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 March 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 GRANGE CLOSE be worth now?

7 GRANGE CLOSE might now be worth an estimated £265,394.

This is based on house price inflation of 7%, between November 2021 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 7 GRANGE CLOSE of £248,000 on 5th November 2021. For the value to have increased from £248,000 to £265,394 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 GRANGE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2021 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GRANGE CLOSE has not materially changed since November 2021.

How Large is 7 GRANGE CLOSE?

7 GRANGE CLOSE is 110m² according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruskington, and where 7 GRANGE CLOSE lies on this distribution: 52% of detached houses houses are smaller than 7 GRANGE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

7 GRANGE CLOSE: Plot and Title Map

7 GRANGE CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 7 GRANGE 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 GRANGE 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 GRANGE CLOSE?

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