1, COVEL ROAD, SLEAFORD, NG34 8BP - £196,000

1 COVEL ROAD is a very small extended detached house of 80m², built sometime between 1991 and 1995. It was last sold for £196,000 in August 2020, which was around 26% below the average August 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

1 COVEL ROAD Sold Prices

Land registry data shows four sales for 1 COVEL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 1 COVEL ROAD 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
2020 26 AUG	£196,000	£263,815	26% below HPI
2015 1 MAY	£154,750	£201,393	23% below HPI
2009 20 AUG	£135,000	£174,272	23% below HPI
1996 30 JAN	£53,300	£59,363	10% below HPI

1 COVEL ROAD 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 four 1 COVEL ROAD sales between January 1996 and August 2020 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 May 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 COVEL ROAD?

1 COVEL ROAD is 80m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 1 COVEL ROAD lies on this distribution: 18% of detached houses are smaller than 1 COVEL ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

1 COVEL ROAD: Plot and Title Map

1 COVEL ROAD sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 1 COVEL ROAD, 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 1 COVEL ROAD). 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 1 COVEL ROAD?

1 COVEL ROAD is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 1 on COVEL ROAD.