7, MILLERS CLOSE, SLEAFORD, NG34 7WG - £260,000

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 MILLERS CLOSE is a small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £262,878. It was last sold for £260,000 in August 2023, which was around 13% below the average August 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

7 MILLERS CLOSE Sold Prices

Land registry data shows three sales for 7 MILLERS 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. All of the three 7 MILLERS 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
2023 14 AUG	£260,000	£299,435	13% below HPI
2012 19 MAR	£145,000	£173,459	16% below HPI
1998 16 MAR	£63,000	£66,624	5% below HPI

7 MILLERS 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 MILLERS CLOSE sales between March 1998 and August 2023 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 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 MILLERS CLOSE be worth now?

7 MILLERS CLOSE might now be worth an estimated £262,878.

This is based on house price inflation of 1.1%, between August 2023 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 1.1% inflationary increase is applied to the most recent sale price for 7 MILLERS CLOSE of £260,000 on 14th August 2023. For the value to have increased from £260,000 to £262,878 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 7 MILLERS CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2023 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILLERS CLOSE has not materially changed since August 2023.

How Large is 7 MILLERS CLOSE?

7 MILLERS CLOSE is 92m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 7 MILLERS CLOSE lies on this distribution: 35% of detached houses houses are smaller than 7 MILLERS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

7 MILLERS CLOSE: Plot and Title Map

7 MILLERS CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 7 MILLERS 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 MILLERS 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 MILLERS CLOSE?

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