STEEPLE VIEW, THE HURN, BILLINGBOROUGH, SLEAFORD, NG34 0QL - £315,000

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

STEEPLE VIEW is a small detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £317,355. It was last sold for £315,000 in March 2023, which was around 14% below the average March 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

STEEPLE VIEW Sold Prices

Land registry data shows three sales for STEEPLE 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 South Kesteven local authority area for the corresponding sale date. All of the three STEEPLE VIEW 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
2023 14 MAR	£315,000	£365,603	14% below HPI
2021 31 JUL	£220,000	£322,856	32% below HPI
1998 7 AUG	£71,000	£83,490	15% below HPI

STEEPLE VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three STEEPLE VIEW sales between August 1998 and March 2023 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 July 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might STEEPLE VIEW be worth now?

STEEPLE VIEW might now be worth an estimated £317,355.

This is based on house price inflation of 0.7%, between March 2023 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% inflationary increase is applied to the most recent sale price for STEEPLE VIEW of £315,000 on 14th March 2023. For the value to have increased from £315,000 to £317,355 over the three months to December 2024, the following assumptions must hold true:

• The value of STEEPLE VIEW has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2023 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of STEEPLE VIEW has not materially changed since March 2023.

How Large is STEEPLE VIEW?

STEEPLE VIEW is 117m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingborough, and where STEEPLE VIEW lies on this distribution: 30% of detached houses houses are smaller than STEEPLE VIEW, and 70% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

STEEPLE VIEW: Plot and Title Map

STEEPLE VIEW sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of STEEPLE 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 STEEPLE 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 STEEPLE VIEW?

STEEPLE VIEW is located on THE HURN in BILLINGBOROUGH, in the NG34 postcode district. The below map shows the position of STEEPLE VIEW on THE HURN.