39, RYE CLOSE, SLEAFORD, NG34 7BT - £139,950

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.

39 RYE CLOSE is a very small terraced house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £175,105. It was last sold for £139,950 in September 2019, which was around 2% above the average September 2019 terraced price in the North Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

39 RYE CLOSE Sold Prices

Land registry data shows four sales for 39 RYE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. Most of the four 39 RYE 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
2019 12 SEP	£139,950	£137,263	2% above HPI
2014 15 AUG	£123,000	£109,497	12% above HPI
2008 6 MAR	£64,346	£105,479	39% below HPI
2005 30 JUN	£118,995	£99,722	19% above HPI

39 RYE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The four 39 RYE CLOSE sales between June 2005 and September 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 August 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 39 RYE CLOSE be worth now?

39 RYE CLOSE might now be worth an estimated £175,105.

This is based on house price inflation of 25.1%, between September 2019 and April 2026, for terraced 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 25.1% inflationary increase is applied to the most recent sale price for 39 RYE CLOSE of £139,950 on 12th September 2019. For the value to have increased from £139,950 to £175,105 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 39 RYE CLOSE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The September 2019 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 39 RYE CLOSE has not materially changed since September 2019.

How Large is 39 RYE CLOSE?

39 RYE CLOSE is 72m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of terraced houses houses in Sleaford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sleaford, and where 39 RYE CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 39 RYE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

39 RYE CLOSE: Plot and Title Map

39 RYE CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 39 RYE 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 39 RYE 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 39 RYE CLOSE?

39 RYE CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 39 on RYE CLOSE.