1, RYE CLOSE, SLEAFORD, NG34 7BT - £171,000

1 RYE CLOSE is a large detached house of 114m², built sometime between 1996 and 2002. It was last sold for £171,000 in September 2015, which was around 20% below the average September 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

1 RYE CLOSE Sold Prices

Land registry data shows two sales for 1 RYE CLOSE 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. Both of the two 1 RYE CLOSE 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
2015 3 SEP	£171,000	£212,724	20% below HPI
2005 25 JUL	£169,995	£179,501	5% below HPI

1 RYE CLOSE 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 1 RYE CLOSE sales from July 2005 and September 2015 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 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 RYE CLOSE?

1 RYE CLOSE is 114m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% 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 RYE CLOSE lies on this distribution: 61% of detached houses are smaller than 1 RYE CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

1 RYE CLOSE: Plot and Title Map

1 RYE CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 1 RYE CLOSE, 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 RYE CLOSE). 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 RYE CLOSE?

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