7, WREN CLOSE, SLEAFORD, NG34 7XA - £172,000

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 WREN CLOSE is a very large detached house of 156m², built sometime between 1996 and 2002, which could now be worth an estimated £294,878. It was last sold for £172,000 in February 2012, which was about the average February 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

7 WREN CLOSE Sold Prices

Land registry data shows two sales for 7 WREN 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. One of the two 7 WREN CLOSE sales was roughly equal to the average price, whilst the other was 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
2012 24 FEB	£172,000	£171,863	Close to HPI
2001 31 AUG	£99,995	£85,560	17% above HPI

7 WREN 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 WREN CLOSE sales from August 2001 and February 2012 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 August 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2012 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 7 WREN CLOSE be worth now?

7 WREN CLOSE might now be worth an estimated £294,878.

This is based on house price inflation of 71.4%, between February 2012 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 71.4% inflationary increase is applied to the most recent sale price for 7 WREN CLOSE of £172,000 on 24th February 2012. For the value to have increased from £172,000 to £294,878 over the eleven years and two months to December 2024, the following assumptions must hold true:

• The value of 7 WREN CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2012 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WREN CLOSE has not materially changed since February 2012.

How Large is 7 WREN CLOSE?

7 WREN CLOSE is 156m² according to the EPC inspection conducted in September 2009. This puts it in the largest 10% 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 WREN CLOSE lies on this distribution: 90% of detached houses houses are smaller than 7 WREN CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

7 WREN CLOSE: Plot and Title Map

7 WREN CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 7 WREN 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 WREN 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 WREN CLOSE?

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