9, ALDER ROAD, SLEAFORD, NG34 7GW - £118,500

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.

9 ALDER ROAD is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £203,224. It was last sold for £118,500 in October 2009, which was around 33% below the average October 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

9 ALDER ROAD Sold Prices

Land registry data shows three sales for 9 ALDER ROAD 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 9 ALDER ROAD 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
2009 23 OCT	£118,500	£176,533	33% below HPI
2004 6 APR	£120,000	£158,106	24% below HPI
1997 21 MAR	£43,000	£63,016	32% below HPI

9 ALDER ROAD 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 9 ALDER ROAD sales between March 1997 and October 2009 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 April 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2009 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 9 ALDER ROAD be worth now?

9 ALDER ROAD might now be worth an estimated £203,224.

This is based on house price inflation of 71.5%, between October 2009 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 71.5% inflationary increase is applied to the most recent sale price for 9 ALDER ROAD of £118,500 on 23rd October 2009. For the value to have increased from £118,500 to £203,224 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 9 ALDER ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2009 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 9 ALDER ROAD has not materially changed since October 2009.

How Large is 9 ALDER ROAD?

9 ALDER ROAD is 70m² according to the EPC inspection conducted in October 2008. 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 9 ALDER ROAD lies on this distribution: 9% of detached houses houses are smaller than 9 ALDER ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

9 ALDER ROAD: Plot and Title Map

9 ALDER ROAD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 9 ALDER ROAD, 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 9 ALDER ROAD). 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 9 ALDER ROAD?

9 ALDER ROAD is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 9 on ALDER ROAD.