8, SELVAYNS DRIVE, CRANWELL VILLAGE, SLEAFORD, NG34 8EN - £217,000

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 SELVAYNS DRIVE is a small extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £211,099. It was last sold for £217,000 in October 2024, which was around 28% below the average October 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

8 SELVAYNS DRIVE Sold Prices

Land registry data shows three sales for 8 SELVAYNS DRIVE 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 SELVAYNS DRIVE 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
2024 28 OCT	£217,000	£302,880	28% below HPI
2014 15 MAY	£123,500	£192,390	36% below HPI
2011 14 JUL	£100,000	£179,060	44% below HPI

8 SELVAYNS 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 three 8 SELVAYNS DRIVE sales between July 2011 and October 2024 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 May 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 SELVAYNS DRIVE be worth now?

8 SELVAYNS DRIVE might now be worth an estimated £211,099.

This is based on house price deflation of 2.7%, between October 2024 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 2.7% deflationary decrease is applied to the most recent sale price for 8 SELVAYNS DRIVE of £217,000 on 28th October 2024. For the value to have decreased from £217,000 to £211,099 over the ten months to December 2024, the following assumptions must hold true:

• The value of 8 SELVAYNS DRIVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2024 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SELVAYNS DRIVE has not materially changed since October 2024.

How Large is 8 SELVAYNS DRIVE?

8 SELVAYNS DRIVE is 97m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses houses in Cranwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranwell, and where 8 SELVAYNS DRIVE lies on this distribution: 32% of detached houses houses are smaller than 8 SELVAYNS DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cranwell.

8 SELVAYNS DRIVE: Plot and Title Map

8 SELVAYNS DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 8 SELVAYNS 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 SELVAYNS 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 SELVAYNS DRIVE?

8 SELVAYNS DRIVE is located in CRANWELL VILLAGE, in the NG34 postcode district. The below map shows the position of No. 8 on SELVAYNS DRIVE.