8, STEPHENS WAY, SLEAFORD, NG34 7JN - £122,500

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 STEPHENS WAY is a very small detached house of 53m², built sometime between 1967 and 1975, which could now be worth an estimated £209,348. It was last sold for £122,500 in December 2012, which was around 31% below the average December 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

8 STEPHENS WAY Sold Prices

Land registry data shows two sales for 8 STEPHENS WAY 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 STEPHENS WAY 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
2012 7 DEC	£122,500	£177,154	31% below HPI
2005 4 NOV	£122,500	£176,584	31% below HPI

8 STEPHENS WAY 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 STEPHENS WAY sales from November 2005 and December 2012 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 November 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2012 sale, which was also at 31% below the HPI.

What might 8 STEPHENS WAY be worth now?

8 STEPHENS WAY might now be worth an estimated £209,348.

This is based on house price inflation of 70.9%, between December 2012 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 70.9% inflationary increase is applied to the most recent sale price for 8 STEPHENS WAY of £122,500 on 7th December 2012. For the value to have increased from £122,500 to £209,348 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 STEPHENS WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2012 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 8 STEPHENS WAY has not materially changed since December 2012.

How Large is 8 STEPHENS WAY?

8 STEPHENS WAY is 53m² according to the EPC inspection conducted in October 2012. 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 STEPHENS WAY lies on this distribution: 1% of detached houses houses are smaller than 8 STEPHENS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

8 STEPHENS WAY: Plot and Title Map

8 STEPHENS WAY sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 8 STEPHENS WAY, 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 STEPHENS WAY). 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 STEPHENS WAY?

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