2, PARK AVENUE, SLEAFORD, NG34 7JQ - £165,000

2 PARK AVENUE is a very small detached house of 54m², built sometime between 1976 and 1982. It was last sold for £165,000 in October 2020, which was around 38% below the average October 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

2 PARK AVENUE Sold Prices

Land registry data shows five sales for 2 PARK AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 2 PARK AVENUE 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 16 OCT	£165,000	£264,224	38% below HPI
2010 26 MAR	£135,000	£180,892	25% below HPI
2002 29 MAY	£74,000	£101,539	27% below HPI
2001 5 FEB	£39,950	£81,395	51% below HPI
1998 16 OCT	£38,000	£68,919	45% below HPI

2 PARK AVENUE 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 five 2 PARK AVENUE sales between October 1998 and October 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 March 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 PARK AVENUE?

2 PARK AVENUE is 54m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 2 PARK AVENUE lies on this distribution: 1% of detached houses are smaller than 2 PARK AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 PARK AVENUE: Plot and Title Map

2 PARK AVENUE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 2 PARK AVENUE, 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 2 PARK AVENUE). 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 2 PARK AVENUE?

2 PARK AVENUE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 2 on PARK AVENUE.