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

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

STEEPLE VIEW is a small detached house of 117m², built sometime between 1996 and 2002. It was last sold for £315,000 in March 2023, which was around 15% 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	£371,722	15% below HPI
2021 31 JUL	£220,000	£328,260	33% below HPI
1998 7 AUG	£71,000	£84,887	16% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

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 in Billingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Billingborough, and where STEEPLE VIEW lies on this distribution: 29% of detached 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.