B.C.
Sleep walking is fairly common for kids and most out grow it.
Don't let him outside.
Direct him back to bed and tell him it's cold and he'll cool down soon.
http://kidshealth.org/parent/growth/sleep/sleepwalking.html
I don't sleep walk but I talk in my sleep.
One time I pointed at the window and said "They're coming. The seals. They're following the wire.".
When I was young and in chorus at school my Mom would hear me singing in my sleep.
My husband thinks it's pretty funny - we've had some interesting conversations in the night that I have no memory of - he tells me about them next day.