8, ARK ROYAL COURT, SLEAFORD, NG34 7JU - £295,000

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.

8 ARK ROYAL COURT is a large detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £357,111. It was last sold for £295,000 in June 2020, which was around 18% above the average June 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was B.

8 ARK ROYAL COURT Sold Prices

Land registry data shows three sales for 8 ARK ROYAL COURT 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 8 ARK ROYAL COURT sales 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
2020 23 JUN	£295,000	£250,093	18% above HPI
2012 31 AUG	£205,000	£177,791	15% above HPI
2001 23 NOV	£127,500	£91,151	40% above HPI

8 ARK ROYAL COURT 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 8 ARK ROYAL COURT sales between November 2001 and June 2020 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 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 8 ARK ROYAL COURT be worth now?

8 ARK ROYAL COURT might now be worth an estimated £357,111.

This is based on house price inflation of 21.1%, between June 2020 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 21.1% inflationary increase is applied to the most recent sale price for 8 ARK ROYAL COURT of £295,000 on 23rd June 2020. For the value to have increased from £295,000 to £357,111 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 8 ARK ROYAL COURT has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ARK ROYAL COURT has not materially changed since June 2020.

How Large is 8 ARK ROYAL COURT?

8 ARK ROYAL COURT is 127m² according to the EPC inspection conducted in April 2019. This puts it in the largest 30% 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 8 ARK ROYAL COURT lies on this distribution: 77% of detached houses houses are smaller than 8 ARK ROYAL COURT, and 23% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

8 ARK ROYAL COURT: Plot and Title Map

8 ARK ROYAL COURT sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 8 ARK ROYAL COURT, 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 8 ARK ROYAL COURT). 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 8 ARK ROYAL COURT?

8 ARK ROYAL COURT is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 8 on ARK ROYAL COURT.