47, THE DROVE, SLEAFORD, NG34 7AS - £140,000

47 THE DROVE is a very small extended detached house of 78m², built sometime between 1900 and 1929. It was last sold for £140,000 in January 2020, which was around 46% below the average January 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

47 THE DROVE Sold Prices

Land registry data shows five sales for 47 THE DROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 47 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 24 JAN	£140,000	£259,573	46% below HPI
2007 21 SEP	£134,950	£204,191	34% below HPI
2007 29 JUN	£137,000	£195,434	30% below HPI
2006 19 MAY	£112,950	£181,429	38% below HPI
2004 22 JUL	£75,000	£168,745	56% below HPI

47 THE DROVE 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 five 47 THE DROVE sales between July 2004 and January 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 September 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 47 THE DROVE?

47 THE DROVE is 78m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 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 47 THE DROVE lies on this distribution: 16% of detached houses are smaller than 47 THE DROVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

47 THE DROVE: Plot and Title Map

47 THE DROVE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 47 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 47 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 47 THE DROVE?

47 THE DROVE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 47 on THE DROVE.