16, COCKBURN WAY, HARMSTON, LINCOLN, LN5 9GE - £355,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 COCKBURN WAY is a very small detached house of 109m², built sometime between 2003 and 2006, which could now be worth an estimated £395,094. It was last sold for £355,000 in June 2021, which was around 31% above the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

16 COCKBURN WAY Sold Prices

Land registry data shows five sales for 16 COCKBURN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 16 COCKBURN 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
2021 28 JUN	£355,000	£272,026	31% above HPI
2016 11 APR	£272,000	£216,147	26% above HPI
2009 26 FEB	£230,000	£162,091	42% above HPI
2008 10 OCT	£225,000	£177,851	27% above HPI
2000 3 MAR	£26,000	£73,409	65% below HPI

16 COCKBURN 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 five 16 COCKBURN WAY sales between March 2000 and June 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 April 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 16 COCKBURN WAY be worth now?

16 COCKBURN WAY might now be worth an estimated £395,094.

This is based on house price inflation of 11.3%, between June 2021 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 11.3% inflationary increase is applied to the most recent sale price for 16 COCKBURN WAY of £355,000 on 28th June 2021. For the value to have increased from £355,000 to £395,094 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 16 COCKBURN WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2021 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 16 COCKBURN WAY has not materially changed since June 2021.

How Large is 16 COCKBURN WAY?

16 COCKBURN WAY is 109m² according to the EPC inspection conducted in July 2014. 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 16 COCKBURN WAY lies on this distribution: 14% of detached houses houses are smaller than 16 COCKBURN WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Harmston.

16 COCKBURN WAY: Plot and Title Map

16 COCKBURN WAY sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 16 COCKBURN 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 16 COCKBURN 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 16 COCKBURN WAY?

16 COCKBURN WAY is located in HARMSTON, in the LN5 postcode district. The below map shows the position of No. 16 on COCKBURN WAY.