40, THE DROVE, OSBOURNBY, SLEAFORD, NG34 0DH - £127,500

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.

40 THE DROVE is a very small extended terraced house of 71m², built sometime before 1900, which could now be worth an estimated £151,271. It was last sold for £127,500 in October 2020, which was around 10% below the average October 2020 terraced price in the North Kesteven local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was A.

40 THE DROVE Sold Prices

Land registry data shows two sales for 40 THE DROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. Both of the two 40 THE DROVE 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
2020 9 OCT	£127,500	£141,138	10% below HPI
2012 25 OCT	£88,500	£97,682	9% below HPI

40 THE DROVE 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 two 40 THE DROVE sales from October 2012 and October 2020 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 October 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 40 THE DROVE be worth now?

40 THE DROVE might now be worth an estimated £151,271.

This is based on house price inflation of 18.6%, between October 2020 and June 2025, 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 18.6% inflationary increase is applied to the most recent sale price for 40 THE DROVE of £127,500 on 9th October 2020. For the value to have increased from £127,500 to £151,271 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 40 THE DROVE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The October 2020 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 40 THE DROVE has not materially changed since October 2020.

How Large is 40 THE DROVE?

40 THE DROVE is 71m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of terraced houses houses in Osbournby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Osbournby, and where 40 THE DROVE lies on this distribution: 3% of terraced houses houses are smaller than 40 THE DROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Osbournby.

40 THE DROVE: Plot and Title Map

40 THE DROVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 40 THE DROVE, 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 THE DROVE). 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 THE DROVE?

40 THE DROVE is located in OSBOURNBY, in the NG34 postcode district. The below map shows the position of No. 40 on THE DROVE.