THE STUDIO, MAIN STREET, EWERBY, SLEAFORD, NG34 9PJ - £244,000

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

THE STUDIO is a very large extended detached house of 303m², built sometime before 1900. It was last sold for £244,000 in November 2001, which was around 164% above the average November 2001 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2023, where the current energy rating was F, and the potential energy rating was C.

THE STUDIO Sold Prices

Land registry data shows two sales for THE STUDIO since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two THE STUDIO sales was for above the average price, whilst the other was 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
2001 6 NOV	£244,000	£92,321	164% above HPI
1999 8 APR	£38,000	£69,804	46% below HPI

THE STUDIO 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 two THE STUDIO sales from April 1999 and November 2001 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 1999 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2001 sale, where it rises to 164% above the HPI. The line then continues to track at 164% above the HPI.

How Large is THE STUDIO?

THE STUDIO is 303m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses in Ewerby, based on EPC data. The below chart shows the distribution of detached houses by size in Ewerby, and where THE STUDIO lies on this distribution: 97% of detached houses are smaller than THE STUDIO, and 3% of houses are larger. Note that EPC data is not available for all properties in Ewerby.

THE STUDIO: Plot and Title Map

THE STUDIO sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of THE STUDIO, 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 THE STUDIO). 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 THE STUDIO?

THE STUDIO is located on MAIN STREET in EWERBY, in the NG34 postcode district. The below map shows the position of THE STUDIO on MAIN STREET.