8, REDWOOD AVENUE, SLEAFORD, NG34 7TJ - £190,000

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 REDWOOD AVENUE is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £190,000 in October 2020, which was around 28% below the average October 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

8 REDWOOD AVENUE Sold Prices

Land registry data shows three sales for 8 REDWOOD AVENUE 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 REDWOOD 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
2020 26 OCT	£190,000	£264,224	28% below HPI
2014 14 MAR	£136,500	£188,038	27% below HPI
1999 1 JUL	£64,250	£71,360	10% below HPI

8 REDWOOD 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 three 8 REDWOOD AVENUE sales between July 1999 and October 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 March 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 REDWOOD AVENUE?

8 REDWOOD AVENUE is 97m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% 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 REDWOOD AVENUE lies on this distribution: 40% of detached houses are smaller than 8 REDWOOD AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

8 REDWOOD AVENUE: Plot and Title Map

8 REDWOOD AVENUE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 8 REDWOOD 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 REDWOOD 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 REDWOOD AVENUE?

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