7, VICTORY WAY, SLEAFORD, NG34 7XL - £154,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 VICTORY WAY is a small extended detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £257,606. It was last sold for £154,950 in July 2005, which was around 13% below the average July 2005 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

7 VICTORY WAY Sold Prices

Land registry data shows two sales for 7 VICTORY WAY 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 VICTORY WAY 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
2005 15 JUL	£154,950	£177,228	13% below HPI
2002 27 SEP	£110,000	£115,803	5% below HPI

7 VICTORY WAY 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 VICTORY WAY sales from September 2002 and July 2005 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 September 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2005 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 VICTORY WAY be worth now?

7 VICTORY WAY might now be worth an estimated £257,606.

This is based on house price inflation of 66.3%, between July 2005 and December 2024, 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 66.3% inflationary increase is applied to the most recent sale price for 7 VICTORY WAY of £154,950 on 15th July 2005. For the value to have increased from £154,950 to £257,606 over the eighteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 7 VICTORY WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The July 2005 sale price of £154,950 represented a fair market value for the property.
• The size, condition, and specification of 7 VICTORY WAY has not materially changed since July 2005.

How Large is 7 VICTORY WAY?

7 VICTORY WAY is 97m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 VICTORY WAY lies on this distribution: 40% of detached houses houses are smaller than 7 VICTORY WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

7 VICTORY WAY: Plot and Title Map

7 VICTORY WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 7 VICTORY WAY, 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 VICTORY WAY). 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 VICTORY WAY?

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