22, POTESGRAVE WAY, HECKINGTON, SLEAFORD, NG34 9UD - £195,000

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

22 POTESGRAVE WAY is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £195,000 in August 2017, which was around 17% below the average August 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

22 POTESGRAVE WAY Sold Prices

Land registry data shows three sales for 22 POTESGRAVE 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. The three 22 POTESGRAVE WAY sales were a mix of below the average price, and roughly equal to 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
2017 24 AUG	£195,000	£235,233	17% below HPI
2004 9 FEB	£134,950	£157,882	15% below HPI
2002 25 JAN	£95,000	£95,392	Close to HPI

22 POTESGRAVE 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 22 POTESGRAVE WAY sales between January 2002 and August 2017 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 February 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 22 POTESGRAVE WAY?

22 POTESGRAVE WAY is 76m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 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 22 POTESGRAVE WAY lies on this distribution: 20% of detached houses are smaller than 22 POTESGRAVE WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Heckington.

22 POTESGRAVE WAY: Plot and Title Map

22 POTESGRAVE WAY sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 22 POTESGRAVE 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 22 POTESGRAVE 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 22 POTESGRAVE WAY?

22 POTESGRAVE WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 22 on POTESGRAVE WAY.