2, OAK WAY, HECKINGTON, SLEAFORD, NG34 9FG - £600,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 OAK WAY is a very large detached house of 213m², built sometime between 1996 and 2002. It was last sold for £600,000 in June 2022, which was around 97% above the average June 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

2 OAK WAY Sold Prices

Land registry data shows three sales for 2 OAK 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 OAK 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
2022 21 JUN	£600,000	£304,345	97% above HPI
2010 10 AUG	£450,000	£183,842	145% above HPI
2000 8 SEP	£225,000	£81,713	175% above HPI

2 OAK 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 OAK WAY sales between September 2000 and June 2022 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 August 2010 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the June 2022 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is 2 OAK WAY?

2 OAK WAY is 213m² according to the EPC inspection conducted in November 2021. This puts it in the largest 10% 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 OAK WAY lies on this distribution: 95% of detached houses are smaller than 2 OAK WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Heckington.

2 OAK WAY: Plot and Title Map

2 OAK WAY sits on a plot of roughly 0.377 of an acre, or 1,525m². The below map shows the location of 2 OAK 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 OAK 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 OAK WAY?

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