7, OUSEMERE CLOSE, BILLINGBOROUGH, SLEAFORD, NG34 0HY - £360,000

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 OUSEMERE CLOSE is a very large extended detached house of 206m², built sometime between 2003 and 2006. It was last sold for £360,000 in August 2024, which was around 3% below the average August 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

7 OUSEMERE CLOSE Sold Prices

Land registry data shows three sales for 7 OUSEMERE 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 South Kesteven local authority area for the corresponding sale date. One of the three 7 OUSEMERE CLOSE sales was for below the average price, whilst two were for above 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
2024 29 AUG	£360,000	£372,962	3% below HPI
2018 1 JUN	£300,000	£297,928	1% above HPI
2003 17 JAN	£212,000	£169,853	25% above HPI

7 OUSEMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 7 OUSEMERE CLOSE sales between January 2003 and August 2024 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 2018 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2024 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 7 OUSEMERE CLOSE?

7 OUSEMERE CLOSE is 206m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Billingborough, and where 7 OUSEMERE CLOSE lies on this distribution: 81% of detached houses are smaller than 7 OUSEMERE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

7 OUSEMERE CLOSE: Plot and Title Map

7 OUSEMERE CLOSE sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of 7 OUSEMERE 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 OUSEMERE 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 OUSEMERE CLOSE?

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