3, DISCOVERY CLOSE, SLEAFORD, NG34 7XN - £212,000

3 DISCOVERY CLOSE is a very large detached house of 137m², built sometime between 1996 and 2002. It was last sold for £212,000 in February 2013, which was around 20% above the average February 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

3 DISCOVERY CLOSE Sold Prices

Land registry data shows two sales for 3 DISCOVERY 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 3 DISCOVERY 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
2013 18 FEB	£212,000	£176,803	20% above HPI
2002 28 JUN	£147,500	£105,024	40% above HPI

3 DISCOVERY 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 3 DISCOVERY CLOSE sales from June 2002 and February 2013 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 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2013 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 3 DISCOVERY CLOSE?

3 DISCOVERY CLOSE is 137m² according to the EPC inspection conducted in August 2012. 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 3 DISCOVERY CLOSE lies on this distribution: 83% of detached houses are smaller than 3 DISCOVERY CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

3 DISCOVERY CLOSE: Plot and Title Map

3 DISCOVERY CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 3 DISCOVERY 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 3 DISCOVERY 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 3 DISCOVERY CLOSE?

3 DISCOVERY CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 3 on DISCOVERY CLOSE.