2, OSBORN WAY, HECKINGTON, SLEAFORD, NG34 9SD - £185,000

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.

2 OSBORN WAY is a midsized extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £221,105. It was last sold for £185,000 in November 2018, which was around 27% below the average November 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

2 OSBORN WAY Sold Prices

Land registry data shows three sales for 2 OSBORN 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. Two of the three 2 OSBORN WAY sales were for below the average price, whilst one was 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
2018 30 NOV	£185,000	£253,312	27% below HPI
2013 16 AUG	£125,000	£183,484	32% below HPI
2002 6 MAR	£100,000	£96,888	3% above HPI

2 OSBORN 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 OSBORN WAY sales between March 2002 and November 2018 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 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 OSBORN WAY be worth now?

2 OSBORN WAY might now be worth an estimated £221,105.

This is based on house price inflation of 19.5%, between November 2018 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 19.5% inflationary increase is applied to the most recent sale price for 2 OSBORN WAY of £185,000 on 30th November 2018. For the value to have increased from £185,000 to £221,105 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 OSBORN WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OSBORN WAY has not materially changed since November 2018.

How Large is 2 OSBORN WAY?

2 OSBORN WAY is 100m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% of detached houses houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heckington, and where 2 OSBORN WAY lies on this distribution: 43% of detached houses houses are smaller than 2 OSBORN WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Heckington.

2 OSBORN WAY: Plot and Title Map

2 OSBORN WAY sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 2 OSBORN 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 OSBORN 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 OSBORN WAY?

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