8, GRANGE CLOSE, RUSKINGTON, SLEAFORD, NG34 9FB - £245,000

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

8 GRANGE CLOSE is a very large extended detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £337,182. It was last sold for £245,000 in March 2016, which was around 14% above the average March 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

8 GRANGE CLOSE Sold Prices

Land registry data shows two sales for 8 GRANGE 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. Both of the two 8 GRANGE CLOSE 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
2016 31 MAR	£245,000	£214,091	14% above HPI
1999 23 JUN	£102,400	£69,161	48% above HPI

8 GRANGE 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 8 GRANGE CLOSE sales from June 1999 and March 2016 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 1999 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the March 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 8 GRANGE CLOSE be worth now?

8 GRANGE CLOSE might now be worth an estimated £337,182.

This is based on house price inflation of 37.6%, between March 2016 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 37.6% inflationary increase is applied to the most recent sale price for 8 GRANGE CLOSE of £245,000 on 31st March 2016. For the value to have increased from £245,000 to £337,182 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 8 GRANGE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GRANGE CLOSE has not materially changed since March 2016.

How Large is 8 GRANGE CLOSE?

8 GRANGE CLOSE is 161m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 20% of detached houses houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruskington, and where 8 GRANGE CLOSE lies on this distribution: 84% of detached houses houses are smaller than 8 GRANGE CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

8 GRANGE CLOSE: Plot and Title Map

8 GRANGE CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 8 GRANGE 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 8 GRANGE 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 8 GRANGE CLOSE?

8 GRANGE CLOSE is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 8 on GRANGE CLOSE.