9, GLOUCESTER CLOSE, SLEAFORD, NG34 8TE - £155,000

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.

9 GLOUCESTER CLOSE is a small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £235,128. It was last sold for £155,000 in June 2015, which was around 22% below the average June 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

9 GLOUCESTER CLOSE Sold Prices

Land registry data shows three sales for 9 GLOUCESTER CLOSE 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 GLOUCESTER 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
2015 30 JUN	£155,000	£199,577	22% below HPI
2006 23 MAR	£142,000	£171,528	17% below HPI
2001 6 JUL	£74,000	£84,733	13% below HPI

9 GLOUCESTER 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 three 9 GLOUCESTER CLOSE sales between July 2001 and June 2015 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 March 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 9 GLOUCESTER CLOSE be worth now?

9 GLOUCESTER CLOSE might now be worth an estimated £235,128.

This is based on house price inflation of 51.7%, between June 2015 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 51.7% inflationary increase is applied to the most recent sale price for 9 GLOUCESTER CLOSE of £155,000 on 30th June 2015. For the value to have increased from £155,000 to £235,128 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 9 GLOUCESTER CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2015 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GLOUCESTER CLOSE has not materially changed since June 2015.

How Large is 9 GLOUCESTER CLOSE?

9 GLOUCESTER CLOSE is 86m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% 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 GLOUCESTER CLOSE lies on this distribution: 26% of detached houses houses are smaller than 9 GLOUCESTER CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

9 GLOUCESTER CLOSE: Plot and Title Map

9 GLOUCESTER CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 9 GLOUCESTER 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 9 GLOUCESTER 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 9 GLOUCESTER CLOSE?

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