10, HUTTON WAY, FALDINGWORTH, MARKET RASEN, LN8 3FT - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 HUTTON WAY is a large extended detached house of 164m², built sometime between 2003 and 2006. It was last sold for £340,000 in September 2021, which was around 35% above the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

10 HUTTON WAY Sold Prices

Land registry data shows two sales for 10 HUTTON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 10 HUTTON WAY 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
2021 30 SEP	£340,000	£252,547	35% above HPI
2007 14 SEP	£249,950	£202,990	23% above HPI

10 HUTTON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 10 HUTTON WAY sales from September 2007 and September 2021 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 September 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 10 HUTTON WAY?

10 HUTTON WAY is 164m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of detached houses in Faldingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Faldingworth, and where 10 HUTTON WAY lies on this distribution: 60% of detached houses are smaller than 10 HUTTON WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Faldingworth.

10 HUTTON WAY: Plot and Title Map

10 HUTTON WAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 10 HUTTON WAY, 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 10 HUTTON WAY). 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 10 HUTTON WAY?

10 HUTTON WAY is located in FALDINGWORTH, in the LN8 postcode district. The below map shows the position of No. 10 on HUTTON WAY.