2, FLETCHERS WAY, MARTIN, LINCOLN, LN4 3QH - £258,000

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 FLETCHERS WAY is a large detached house of 153m², built sometime between 1996 and 2002. It was last sold for £258,000 in August 2020, which was around 2% below the average August 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

2 FLETCHERS WAY Sold Prices

Land registry data shows five sales for 2 FLETCHERS 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 2 FLETCHERS 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 21 AUG	£258,000	£263,815	2% below HPI
2019 31 JUL	£248,500	£251,361	1% below HPI
2016 21 JUL	£210,000	£223,262	6% below HPI
2002 11 NOV	£129,950	£122,156	6% above HPI
2001 20 JUL	£26,500	£85,820	69% below HPI

2 FLETCHERS 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 2 FLETCHERS WAY sales between July 2001 and August 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 July 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 FLETCHERS WAY?

2 FLETCHERS WAY is 153m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Martin, based on EPC data. The below chart shows the distribution of detached houses by size in Martin, and where 2 FLETCHERS WAY lies on this distribution: 60% of detached houses are smaller than 2 FLETCHERS WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Martin.

2 FLETCHERS WAY: Plot and Title Map

2 FLETCHERS WAY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 2 FLETCHERS 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 FLETCHERS 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 FLETCHERS WAY?

2 FLETCHERS WAY is located in MARTIN, in the LN4 postcode district. The below map shows the position of No. 2 on FLETCHERS WAY.