40, OAK ROAD, SLEAFORD, NG34 7UF - £205,000

40 OAK ROAD is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £205,000 in May 2021, which was around 26% below the average May 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

40 OAK ROAD Sold Prices

Land registry data shows two sales for 40 OAK ROAD 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 40 OAK ROAD 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 18 MAY	£205,000	£276,270	26% below HPI
1999 8 MAR	£69,950	£70,736	1% below HPI

40 OAK ROAD 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 40 OAK ROAD sales from March 1999 and May 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 March 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 40 OAK ROAD?

40 OAK ROAD is 92m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 40 OAK ROAD lies on this distribution: 35% of detached houses are smaller than 40 OAK ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

40 OAK ROAD: Plot and Title Map

40 OAK ROAD sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 40 OAK ROAD, 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 40 OAK ROAD). 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 40 OAK ROAD?

40 OAK ROAD is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 40 on OAK ROAD.