2, THE PINES, SLEAFORD, NG34 7DN - £175,000

2 THE PINES is a very large detached house of 141m², built sometime before 1900. It was last sold for £175,000 in July 2019, which was around 30% below the average July 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

2 THE PINES Sold Prices

Land registry data shows three sales for 2 THE PINES 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. One of the three 2 THE PINES sales was for below the average price, whilst two 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
2019 29 JUL	£175,000	£251,361	30% below HPI
2003 4 JUL	£152,000	£147,056	3% above HPI
2002 16 AUG	£117,500	£113,817	3% above HPI

2 THE PINES 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 THE PINES sales between August 2002 and July 2019 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 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 THE PINES?

2 THE PINES is 141m² according to the EPC inspection conducted in September 2014. This puts it in the largest 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 2 THE PINES lies on this distribution: 85% of detached houses are smaller than 2 THE PINES, and 15% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 THE PINES: Plot and Title Map

2 THE PINES sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 2 THE PINES, 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 THE PINES). 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 THE PINES?

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