8, OAT DRIVE, SLEAFORD, NG34 7WQ - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 OAT DRIVE is a very large extended detached house of 156m², built sometime between 2003 and 2006. It was last sold for £265,000 in November 2015, which was around 25% above the average November 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

8 OAT DRIVE Sold Prices

Land registry data shows two sales for 8 OAT DRIVE 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 OAT DRIVE 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
2015 5 NOV	£265,000	£211,957	25% above HPI
2005 31 AUG	£208,995	£181,270	15% above HPI

8 OAT DRIVE 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 OAT DRIVE sales from August 2005 and November 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 August 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 8 OAT DRIVE?

8 OAT DRIVE is 156m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% 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 OAT DRIVE lies on this distribution: 90% of detached houses are smaller than 8 OAT DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

8 OAT DRIVE: Plot and Title Map

8 OAT DRIVE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 8 OAT DRIVE, 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 OAT DRIVE). 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 OAT DRIVE?

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