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According to the public record, 7, Spring Lane, Sleaford is a mid-century freehold house with 2,152 ft2 of internal area and sits on a 1,382 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Spring Lane, Sleaford is £494,545 and the estimated rental value is £1,688 per month.
Spring Lane, Folkingham, Sleaford, NG34 is located in the borough of South Kesteven within the NG34 postal district.
7, Spring Lane, Sleaford has 31 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Spring Lane, Sleaford is in very good condition we estimate a sale value of £519,273 and a rental value of £1,772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £459,927 and a rental value of £1,570 per month.
Over the last 12 months the sale value of 7 Spring Lane Sleaford has decreased by an estimated £19,999 (4.0%) and its rental value has increased by an estimated £14 per month (0.8%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 7, Spring Lane, Sleaford sits on a plot of 1382m2.
We have plot size data on 8 out of 8 other houses in the postcode and 7, Spring Lane, Sleaford sits on the 3rd largest plot.
7, Spring Lane, Sleaford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 7, Spring Lane, Sleaford was last sold on 8th August 2022 for £550,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2022, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Spring Lane, Sleaford within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 4, Market Place, Sleaford, NG34 0SF, a freehold house which sold for £600,000 on the 13th September 2024.
Read more about house prices in NG34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Lane, Folkingham, Sleaford, NG34 has a total of 8 addresses. According to our analysis of all the public data, 7, Spring Lane, Sleaford is the largest and the most expensive property on the street.
When compared to the postcode district it is £256k more expensive than the average property in NG34.
The closest station to 7, Spring Lane, Sleaford is Rauceby station which is 11.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Spring Lane, Sleaford, 46.6% of property is privately owned outright and 21.1% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Spring Lane, Sleaford, 14.5% of residents are recorded as possessing school level qualifications and 29.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Spring Lane, Sleaford, the average age was 46.4 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Spring Lane, Sleaford, 0.2% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Spring Lane, Sleaford, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
