21, HERMES WAY, SLEAFORD, NG34 7WH - £315,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

21 HERMES WAY is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £315,000 in February 2024, which was around 6% above the average February 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

21 HERMES WAY Sold Prices

Land registry data shows two sales for 21 HERMES WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 21 HERMES 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
2024 16 FEB	£315,000	£296,256	6% above HPI
1999 28 MAY	£79,000	£69,345	14% above HPI

21 HERMES 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 two 21 HERMES WAY sales from May 1999 and February 2024 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 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 21 HERMES WAY?

21 HERMES WAY is 123m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 30% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 21 HERMES WAY lies on this distribution: 72% of detached houses are smaller than 21 HERMES WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

21 HERMES WAY: Plot and Title Map

21 HERMES WAY sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 21 HERMES 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 21 HERMES 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 21 HERMES WAY?

21 HERMES WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 21 on HERMES WAY.