2, Gorse Lane
2, Gorse Lane
Description & Estimates
The public record lists 2, Gorse Lane, Sleaford as a freehold house.
Comparison with its neighbours suggests a mid-century house with 2,901 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
2, Gorse Lane, Sleaford has an estimated sale value of £449,851 and an estimated rental value of £1,688 per month, assuming reasonable condition and based on the information available.
Gorse Lane, Silk Willoughby, Sleaford, NG34 lies in the borough of North Kesteven, within the NG34 postal district.
Our Data Sources
2, Gorse Lane, Sleaford has 21 entries in the Land Registry , most recently in August 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Gorse Lane, Sleaford would be worth £472,344, with a potential rental value of £1,772 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £418,362, with a rental value of £1,570 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Gorse Lane, Sleaford has decreased by £18,192 (4.0%) over the last year. During the same period, its estimated monthly rental value has grown by £14 (0.8%). The property's estimated gross yield is currently 4.5%.
Sold Prices
2, Gorse Lane, Sleaford last changed hands on 11th August 2016, selling for £531,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 14.3% since August 2016.
- Sold Aug 2016£531,000
- Sold Feb 2004£300,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.2 kilometres of 2, Gorse Lane, Sleaford across the last 2 years.
Most recently, 14, Lothian Way, Sleaford, NG34 8FZ, a freehold house, sold at £495,000 on the 13th December 2024.
Read more about house prices in NG34.
- Sold Dec 2024£495,000 | 5 Bed House14, Lothian Way, Sleaford, NG34 8FZ14, Lothian Way, Sleaford, NG34 8FZ
- Sold Nov 2023£610,000 | 5 Bed House3, Laurel Grove, Sleaford, NG34 8PP3, Laurel Grove, Sleaford, NG34 8PP
- Sold Dec 2015£372,555 | 5 Bed House2, Stratten Park, Sleaford, NG34 8YD2, Stratten Park, Sleaford, NG34 8YD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Gorse Lane, Sleaford as the largest and the most expensive of the 38 addresses on Gorse Lane, Silk Willoughby, Sleaford, NG34.
Against the NG34 postcode district average, it is £212k more expensive than the typical property.
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Schools Nearby
- 2.6kmSt Botolph's C of E Primary School
- 3.4kmOur Lady of Good Counsel Catholic Primary School, A Voluntary Academy
- 3.5kmChurch Lane Primary School & Nursery
- 3.0kmKesteven and Sleaford High School Selective Academy
- 3.4kmSt George's Academy
- 3.6kmCarre's Grammar School
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Public Transport Nearby
Rauceby station is the nearest stop to 2, Gorse Lane, Sleaford at 2.5 kilometres away.
- 2.5kmRauceby
- 2.9kmSleaford
- 7.5kmAncaster
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
