2, COLBY WAY, HECKINGTON, SLEAFORD, NG34 9UR - £210,000

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

2 COLBY WAY is a very large extended detached house of 172m², built sometime between 1996 and 2002. It was last sold for £210,000 in October 2013, which was around 11% above the average October 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

2 COLBY WAY Sold Prices

Land registry data shows three sales for 2 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 2 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
2013 11 OCT	£210,000	£189,493	11% above HPI
2002 24 MAY	£145,000	£101,539	43% above HPI
1999 16 AUG	£84,000	£73,068	15% above HPI

2 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 2 COLBY WAY sales between August 1999 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 May 2002 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2013 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 2 COLBY WAY?

2 COLBY WAY is 172m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses by size in Heckington, and where 2 COLBY WAY lies on this distribution: 90% of detached houses are smaller than 2 COLBY WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Heckington.

2 COLBY WAY: Plot and Title Map

2 COLBY WAY sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 2 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 2 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 2 COLBY WAY?

2 COLBY WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 2 on COLBY WAY.