12, POTESGRAVE WAY, HECKINGTON, SLEAFORD, NG34 9UD - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 POTESGRAVE WAY is a very small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £235,390. It was last sold for £230,000 in December 2024, which was around 22% below the average December 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

12 POTESGRAVE WAY Sold Prices

Land registry data shows two sales for 12 POTESGRAVE 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 North Kesteven local authority area for the corresponding sale date. Both of the two 12 POTESGRAVE WAY sales were for below 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
2024 13 DEC	£230,000	£295,817	22% below HPI
1995 18 JUL	£59,950	£61,136	2% below HPI

12 POTESGRAVE WAY 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 12 POTESGRAVE WAY sales from July 1995 and December 2024 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 July 1995 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 12 POTESGRAVE WAY be worth now?

12 POTESGRAVE WAY might now be worth an estimated £235,390.

This is based on house price inflation of 2.3%, between December 2024 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 2.3% inflationary increase is applied to the most recent sale price for 12 POTESGRAVE WAY of £230,000 on 13th December 2024. For the value to have increased from £230,000 to £235,390 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 12 POTESGRAVE WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2024 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 12 POTESGRAVE WAY has not materially changed since December 2024.

How Large is 12 POTESGRAVE WAY?

12 POTESGRAVE WAY is 76m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heckington, and where 12 POTESGRAVE WAY lies on this distribution: 20% of detached houses houses are smaller than 12 POTESGRAVE WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Heckington.

12 POTESGRAVE WAY: Plot and Title Map

12 POTESGRAVE WAY sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 12 POTESGRAVE 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 12 POTESGRAVE 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 12 POTESGRAVE WAY?

12 POTESGRAVE WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 12 on POTESGRAVE WAY.