9, VICTORY WAY, SLEAFORD, NG34 7XL - £232,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 VICTORY WAY is a very large extended detached house of 165m², built sometime between 1996 and 2002. It was last sold for £232,000 in July 2011, which was around 28% above the average July 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

9 VICTORY WAY Sold Prices

Land registry data shows three sales for 9 VICTORY WAY 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 VICTORY WAY 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
2011 20 JUL	£232,000	£181,357	28% above HPI
2007 3 AUG	£218,000	£202,284	8% above HPI
2004 29 JUL	£195,000	£168,745	16% above HPI

9 VICTORY 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 three 9 VICTORY WAY sales between July 2004 and July 2011 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 August 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2011 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 9 VICTORY WAY?

9 VICTORY WAY is 165m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the largest 10% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 9 VICTORY WAY lies on this distribution: 92% of detached houses are smaller than 9 VICTORY WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

9 VICTORY WAY: Plot and Title Map

9 VICTORY WAY sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 9 VICTORY 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 9 VICTORY 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 9 VICTORY WAY?

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