15, MILLERS WAY, HECKINGTON, SLEAFORD, NG34 9JG - £224,000

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 MILLERS WAY is a midsized detached house of 108m², built sometime between 1996 and 2002. It was last sold for £224,000 in April 2021, which was around 18% below the average April 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

15 MILLERS WAY Sold Prices

Land registry data shows four sales for 15 MILLERS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 15 MILLERS 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
2021 7 APR	£224,000	£273,517	18% below HPI
2011 14 JUL	£171,500	£181,357	5% below HPI
2006 25 OCT	£179,950	£189,977	5% below HPI
2000 28 JUL	£89,000	£79,010	13% above HPI

15 MILLERS 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 four 15 MILLERS WAY sales between July 2000 and April 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 July 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 15 MILLERS WAY?

15 MILLERS WAY is 108m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% 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 MILLERS WAY lies on this distribution: 51% of detached houses are smaller than 15 MILLERS WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Heckington.

15 MILLERS WAY: Plot and Title Map

15 MILLERS WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 15 MILLERS 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 MILLERS 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 MILLERS WAY?

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