8, SEDGE CLOSE, LEASINGHAM, SLEAFORD, NG34 8JB - £273,000

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 SEDGE CLOSE is a very large extended detached house of 147m², built sometime between 1983 and 1990, which could now be worth an estimated £296,902. It was last sold for £273,000 in September 2021, which was around 2% below the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

8 SEDGE CLOSE Sold Prices

Land registry data shows seven sales for 8 SEDGE CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the seven 8 SEDGE CLOSE 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
2021 30 SEP	£273,000	£278,376	2% below HPI
2015 23 OCT	£172,500	£209,238	18% below HPI
2011 9 DEC	£152,500	£177,910	14% below HPI
2004 2 SEP	£123,000	£166,717	26% below HPI
2002 15 JUL	£96,000	£107,987	11% below HPI
2001 29 AUG	£80,000	£85,560	6% below HPI
1997 20 JUN	£54,950	£64,669	15% below HPI

8 SEDGE 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 seven 8 SEDGE CLOSE sales between June 1997 and September 2021 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 October 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 8 SEDGE CLOSE be worth now?

8 SEDGE CLOSE might now be worth an estimated £296,902.

This is based on house price inflation of 8.8%, between September 2021 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 8.8% inflationary increase is applied to the most recent sale price for 8 SEDGE CLOSE of £273,000 on 30th September 2021. For the value to have increased from £273,000 to £296,902 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 SEDGE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2021 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SEDGE CLOSE has not materially changed since September 2021.

How Large is 8 SEDGE CLOSE?

8 SEDGE CLOSE is 147m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 20% of detached houses houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leasingham, and where 8 SEDGE CLOSE lies on this distribution: 86% of detached houses houses are smaller than 8 SEDGE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

8 SEDGE CLOSE: Plot and Title Map

8 SEDGE CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 8 SEDGE 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 SEDGE 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 SEDGE CLOSE?

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