9, LAVENDER CLOSE, SLEAFORD, NG34 7GT - £173,000

9 LAVENDER CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £173,000 in June 2018, which was around 31% below the average June 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

9 LAVENDER CLOSE Sold Prices

Land registry data shows four sales for 9 LAVENDER 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. All of the four 9 LAVENDER 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
2018 14 JUN	£173,000	£249,046	31% below HPI
2014 31 JAN	£141,000	£184,900	24% below HPI
2000 7 DEC	£69,950	£80,524	13% below HPI
1996 30 AUG	£48,500	£62,821	23% below HPI

9 LAVENDER 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 9 LAVENDER CLOSE sales between August 1996 and June 2018 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 January 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 9 LAVENDER CLOSE?

9 LAVENDER CLOSE is 66m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 9 LAVENDER CLOSE lies on this distribution: 6% of detached houses are smaller than 9 LAVENDER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

9 LAVENDER CLOSE: Plot and Title Map

9 LAVENDER CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 9 LAVENDER 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 9 LAVENDER 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 9 LAVENDER CLOSE?

9 LAVENDER CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 9 on LAVENDER CLOSE.