8, TOWER VIEW, SLEAFORD, NG34 7TE - £382,500

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 TOWER VIEW is a very large extended detached house of 300m², built sometime between 1983 and 1990, which could now be worth an estimated £627,347. It was last sold for £382,500 in June 2012, which was around 113% above the average June 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

8 TOWER VIEW Sold Prices

Land registry data shows three sales for 8 TOWER VIEW 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 TOWER VIEW 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
2012 29 JUN	£382,500	£179,647	113% above HPI
2007 29 NOV	£410,000	£195,695	110% above HPI
1995 16 FEB	£105,000	£62,942	67% above HPI

8 TOWER VIEW 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 TOWER VIEW sales between February 1995 and June 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 2007 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the June 2012 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

What might 8 TOWER VIEW be worth now?

8 TOWER VIEW might now be worth an estimated £627,347.

This is based on house price inflation of 64%, between June 2012 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 64% inflationary increase is applied to the most recent sale price for 8 TOWER VIEW of £382,500 on 29th June 2012. For the value to have increased from £382,500 to £627,347 over the eleven years and six months to December 2024, the following assumptions must hold true:

• The value of 8 TOWER VIEW has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2012 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 8 TOWER VIEW has not materially changed since June 2012.

How Large is 8 TOWER VIEW?

8 TOWER VIEW is 300m², which includes three extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 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 TOWER VIEW lies on this distribution: 99% of detached houses houses are smaller than 8 TOWER VIEW, and 1% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

8 TOWER VIEW: Plot and Title Map

8 TOWER VIEW sits on a plot of roughly 0.211 of an acre, or 853m². The below map shows the location of 8 TOWER VIEW, 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 TOWER VIEW). 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 TOWER VIEW?

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