15, COLBY WAY, HECKINGTON, SLEAFORD, NG34 9UR - £325,000

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

15 COLBY WAY is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £325,000 in March 2022, which was around 9% above the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

15 COLBY WAY Sold Prices

Land registry data shows three sales for 15 COLBY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 15 COLBY 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
2022 1 MAR	£325,000	£298,804	9% above HPI
2001 23 MAY	£115,000	£83,308	38% above HPI
1998 19 OCT	£72,000	£68,919	4% above HPI

15 COLBY 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 three 15 COLBY WAY sales between October 1998 and March 2022 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 May 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 15 COLBY WAY?

15 COLBY WAY is 94m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses by size in Heckington, and where 15 COLBY WAY lies on this distribution: 36% of detached houses are smaller than 15 COLBY WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Heckington.

15 COLBY WAY: Plot and Title Map

15 COLBY WAY sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 15 COLBY 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 15 COLBY 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 15 COLBY WAY?

15 COLBY WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 15 on COLBY WAY.