15, CEDAR CLOSE, RUSKINGTON, SLEAFORD, NG34 9FH - £111,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 CEDAR CLOSE is a very small semi-detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £197,905. It was last sold for £111,000 in May 2011, which was around 3% below the average May 2011 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

15 CEDAR CLOSE Sold Prices

Land registry data shows five sales for 15 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 15 CEDAR CLOSE sales were for above 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
2011 6 MAY	£111,000	£114,309	3% below HPI
2006 12 APR	£119,000	£116,355	2% above HPI
2002 22 NOV	£87,000	£75,001	16% above HPI
2001 5 OCT	£53,500	£55,372	3% below HPI
1996 11 OCT	£42,052	£38,627	9% above HPI

15 CEDAR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 15 CEDAR CLOSE sales between October 1996 and May 2011 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 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2011 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 15 CEDAR CLOSE be worth now?

15 CEDAR CLOSE might now be worth an estimated £197,905.

This is based on house price inflation of 78.3%, between May 2011 and February 2025, for semi-detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.3% inflationary increase is applied to the most recent sale price for 15 CEDAR CLOSE of £111,000 on 6th May 2011. For the value to have increased from £111,000 to £197,905 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 15 CEDAR CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The May 2011 sale price of £111,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CEDAR CLOSE has not materially changed since May 2011.

How Large is 15 CEDAR CLOSE?

15 CEDAR CLOSE is 74m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of semi-detached houses houses in Ruskington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ruskington, and where 15 CEDAR CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 15 CEDAR CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

15 CEDAR CLOSE: Plot and Title Map

15 CEDAR CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 15 CEDAR 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 15 CEDAR 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 15 CEDAR CLOSE?

15 CEDAR CLOSE is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 15 on CEDAR CLOSE.