23, THOROLD WAY, HARMSTON, LINCOLN, LN5 9GJ - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 THOROLD WAY is a very small detached house of 106m², built sometime between 2003 and 2006, which could now be worth an estimated £385,851. It was last sold for £365,000 in August 2021, which was around 31% above the average August 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

23 THOROLD WAY Sold Prices

Land registry data shows four sales for 23 THOROLD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 23 THOROLD 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
2021 20 AUG	£365,000	£278,721	31% above HPI
2016 25 AUG	£299,950	£223,487	34% above HPI
2005 28 SEP	£240,000	£176,460	36% above HPI
2002 23 AUG	£115,500	£112,376	3% above HPI

23 THOROLD 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 four 23 THOROLD WAY sales between August 2002 and August 2021 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 2016 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2021 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 23 THOROLD WAY be worth now?

23 THOROLD WAY might now be worth an estimated £385,851.

This is based on house price inflation of 5.7%, between August 2021 and December 2024, 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 5.7% inflationary increase is applied to the most recent sale price for 23 THOROLD WAY of £365,000 on 20th August 2021. For the value to have increased from £365,000 to £385,851 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 23 THOROLD WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THOROLD WAY has not materially changed since August 2021.

How Large is 23 THOROLD WAY?

23 THOROLD WAY is 106m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harmston, and where 23 THOROLD WAY lies on this distribution: 10% of detached houses houses are smaller than 23 THOROLD WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Harmston.

23 THOROLD WAY: Plot and Title Map

23 THOROLD WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 23 THOROLD 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 23 THOROLD 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 23 THOROLD WAY?

23 THOROLD WAY is located in HARMSTON, in the LN5 postcode district. The below map shows the position of No. 23 on THOROLD WAY.