8, HEREFORD CLOSE, SLEAFORD, NG34 8TP - £245,000

8 HEREFORD CLOSE is a very large extended detached house of 132m², built sometime between 1983 and 1990. It was last sold for £245,000 in February 2020, which was around 5% below the average February 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

8 HEREFORD CLOSE Sold Prices

Land registry data shows four sales for 8 HEREFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 8 HEREFORD CLOSE 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 21 FEB	£245,000	£257,092	5% below HPI
2017 19 JUL	£199,950	£237,927	16% below HPI
2006 2 JUN	£169,000	£183,174	8% below HPI
1997 20 AUG	£69,000	£66,529	4% above HPI

8 HEREFORD 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 four 8 HEREFORD CLOSE sales between August 1997 and February 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 July 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 HEREFORD CLOSE?

8 HEREFORD CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in April 2017. 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 8 HEREFORD CLOSE lies on this distribution: 80% of detached houses are smaller than 8 HEREFORD CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

8 HEREFORD CLOSE: Plot and Title Map

8 HEREFORD CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 8 HEREFORD 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 8 HEREFORD 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 8 HEREFORD CLOSE?

8 HEREFORD CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 8 on HEREFORD CLOSE.