8, NORTHWOOD DRIVE, SLEAFORD, NG34 8AF - £265,000

8 NORTHWOOD DRIVE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £265,000 in August 2023, which was around 18% below the average August 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

8 NORTHWOOD DRIVE Sold Prices

Land registry data shows five sales for 8 NORTHWOOD DRIVE 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 8 NORTHWOOD DRIVE 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
2023 18 AUG	£265,000	£324,093	18% below HPI
2015 26 JUN	£159,950	£202,138	21% below HPI
2013 12 NOV	£143,000	£186,894	23% below HPI
2007 16 MAR	£134,000	£192,392	30% below HPI
2006 6 FEB	£129,000	£174,524	26% below HPI

8 NORTHWOOD DRIVE 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 8 NORTHWOOD DRIVE sales between February 2006 and August 2023 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 June 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 NORTHWOOD DRIVE?

8 NORTHWOOD DRIVE is 72m² according to the EPC inspection conducted in April 2023. 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 8 NORTHWOOD DRIVE lies on this distribution: 11% of detached houses are smaller than 8 NORTHWOOD DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

8 NORTHWOOD DRIVE: Plot and Title Map

8 NORTHWOOD DRIVE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 8 NORTHWOOD DRIVE, 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 NORTHWOOD DRIVE). 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 NORTHWOOD DRIVE?

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