8, MARK AVENUE, SLEAFORD, NG34 7HE - £153,500

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 MARK AVENUE is a very small detached house of 53m², built sometime between 1976 and 1982, which could now be worth an estimated £208,473. It was last sold for £153,500 in January 2017, which was around 31% below the average January 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

8 MARK AVENUE Sold Prices

Land registry data shows two sales for 8 MARK AVENUE 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 MARK AVENUE 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
2017 20 JAN	£153,500	£222,916	31% below HPI
1996 11 JUL	£40,000	£62,463	36% below HPI

8 MARK AVENUE 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 MARK AVENUE sales from July 1996 and January 2017 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 July 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 8 MARK AVENUE be worth now?

8 MARK AVENUE might now be worth an estimated £208,473.

This is based on house price inflation of 35.8%, between January 2017 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 35.8% inflationary increase is applied to the most recent sale price for 8 MARK AVENUE of £153,500 on 20th January 2017. For the value to have increased from £153,500 to £208,473 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 MARK AVENUE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The January 2017 sale price of £153,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MARK AVENUE has not materially changed since January 2017.

How Large is 8 MARK AVENUE?

8 MARK AVENUE is 53m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 8 MARK AVENUE lies on this distribution: 1% of detached houses houses are smaller than 8 MARK AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

8 MARK AVENUE: Plot and Title Map

8 MARK AVENUE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 8 MARK AVENUE, 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 MARK AVENUE). 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 MARK AVENUE?

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