15, OATFIELD WAY, HECKINGTON, SLEAFORD, NG34 9UY - £205,000

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 OATFIELD WAY is a midsized detached house of 100m², built sometime between 2003 and 2006. It was last sold for £205,000 in June 2020, which was around 19% below the average June 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

15 OATFIELD WAY Sold Prices

Land registry data shows three sales for 15 OATFIELD 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 OATFIELD 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
2020 16 JUN	£205,000	£253,301	19% below HPI
2012 6 JAN	£162,000	£176,899	8% below HPI
2006 26 OCT	£165,000	£189,977	13% below HPI

15 OATFIELD 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 OATFIELD WAY sales between October 2006 and June 2020 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 January 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15 OATFIELD WAY?

15 OATFIELD WAY is 100m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 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 OATFIELD WAY lies on this distribution: 43% of detached houses are smaller than 15 OATFIELD WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Heckington.

15 OATFIELD WAY: Plot and Title Map

15 OATFIELD WAY sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 15 OATFIELD 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 OATFIELD 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 OATFIELD WAY?

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