SHELFORD, RAUCEBY DROVE, SOUTH RAUCEBY, SLEAFORD, NG34 8QB - £365,000

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.

SHELFORD is a very large detached house of 219m², built sometime between 1996 and 2002, which could now be worth an estimated £543,377. It was last sold for £365,000 in July 2015, which was around 79% above the average July 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

SHELFORD Sold Prices

Land registry data shows two sales for SHELFORD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two SHELFORD sales were for above 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
2015 13 JUL	£365,000	£203,364	79% above HPI
2002 22 MAR	£250,000	£96,888	158% above HPI

SHELFORD 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 two SHELFORD sales from March 2002 and July 2015 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 March 2002 sale was for 158% above the HPI. So the extrapolation line tracks at 158% above the HPI over time, until the July 2015 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might SHELFORD be worth now?

SHELFORD might now be worth an estimated £543,377.

This is based on house price inflation of 48.9%, between July 2015 and February 2025, for detached 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 48.9% inflationary increase is applied to the most recent sale price for SHELFORD of £365,000 on 13th July 2015. For the value to have increased from £365,000 to £543,377 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of SHELFORD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The July 2015 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of SHELFORD has not materially changed since July 2015.

How Large is SHELFORD?

SHELFORD is 219m² according to the EPC inspection conducted in November 2020. This puts it in the largest 20% of detached houses houses in South Rauceby, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Rauceby, and where SHELFORD lies on this distribution: 81% of detached houses houses are smaller than SHELFORD, and 19% of houses are larger. Note that EPC data is not available for all properties in South Rauceby.

SHELFORD: Plot and Title Map

SHELFORD sits on a plot of roughly 0.336 of an acre, or 1,360m². The below map shows the location of SHELFORD, 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 SHELFORD). 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 SHELFORD?

SHELFORD is located on RAUCEBY DROVE in SOUTH RAUCEBY, in the NG34 postcode district. The below map shows the position of SHELFORD on RAUCEBY DROVE.