2, ROWAN CLOSE, SLEAFORD, NG34 7SP - £195,000

2 ROWAN CLOSE is a small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £195,000 in April 2021, which was around 30% below the average April 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 2 ROWAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 2 ROWAN 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
2021 1 APR	£195,000	£277,841	30% below HPI
2004 24 JUN	£134,950	£166,494	19% below HPI
2001 10 AUG	£84,000	£86,657	3% below HPI

2 ROWAN 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 three 2 ROWAN CLOSE sales between August 2001 and April 2021 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 June 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 ROWAN CLOSE?

2 ROWAN CLOSE is 84m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% 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 ROWAN CLOSE lies on this distribution: 24% of detached houses are smaller than 2 ROWAN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 ROWAN CLOSE: Plot and Title Map

2 ROWAN CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 2 ROWAN 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 2 ROWAN 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 2 ROWAN CLOSE?

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