15, THOROLD WAY, HARMSTON, LINCOLN, LN5 9GJ - £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

15 THOROLD WAY is a very small detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £362,215. It was last sold for £230,000 in October 2013, which was around 23% above the average October 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

15 THOROLD WAY Sold Prices

Land registry data shows four sales for 15 THOROLD 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 THOROLD 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
2013 25 OCT	£230,000	£187,093	23% above HPI
2010 26 FEB	£247,500	£182,334	36% above HPI
2009 22 JUN	£250,000	£168,680	48% above HPI
2002 5 SEP	£30,000	£115,803	74% below HPI

15 THOROLD 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 THOROLD WAY sales between September 2002 and October 2013 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 February 2010 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2013 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 15 THOROLD WAY be worth now?

15 THOROLD WAY might now be worth an estimated £362,215.

This is based on house price inflation of 57.5%, between October 2013 and December 2024, 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 57.5% inflationary increase is applied to the most recent sale price for 15 THOROLD WAY of £230,000 on 25th October 2013. For the value to have increased from £230,000 to £362,215 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 15 THOROLD WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2013 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THOROLD WAY has not materially changed since October 2013.

How Large is 15 THOROLD WAY?

15 THOROLD WAY is 116m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 20% of detached houses houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harmston, and where 15 THOROLD WAY lies on this distribution: 16% of detached houses houses are smaller than 15 THOROLD WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Harmston.

15 THOROLD WAY: Plot and Title Map

15 THOROLD WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 15 THOROLD 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 THOROLD 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 THOROLD WAY?

15 THOROLD WAY is located in HARMSTON, in the LN5 postcode district. The below map shows the position of No. 15 on THOROLD WAY.