8, COVEL ROAD, SLEAFORD, NG34 8BP - £168,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 COVEL ROAD is a midsized extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £168,000 in August 2015, which was around 19% below the average August 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

8 COVEL ROAD Sold Prices

Land registry data shows two sales for 8 COVEL ROAD 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 8 COVEL ROAD sales was for below 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
2015 4 AUG	£168,000	£208,390	19% below HPI
2002 28 JUN	£119,995	£105,024	14% above HPI

8 COVEL ROAD 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 8 COVEL ROAD sales from June 2002 and August 2015 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 2002 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 COVEL ROAD?

8 COVEL ROAD is 100m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 8 COVEL ROAD lies on this distribution: 43% of detached houses are smaller than 8 COVEL ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

8 COVEL ROAD: Plot and Title Map

8 COVEL ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 8 COVEL ROAD, 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 COVEL ROAD). 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 COVEL ROAD?

8 COVEL ROAD is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 8 on COVEL ROAD.