24, MILLERS WAY, HECKINGTON, SLEAFORD, NG34 9JG - £147,500

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

24 MILLERS WAY is a very small detached house of 57m², built sometime between 1996 and 2002. It was last sold for £147,500 in April 2016, which was around 33% below the average April 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

24 MILLERS WAY Sold Prices

Land registry data shows four sales for 24 MILLERS 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 24 MILLERS WAY sales were for below 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
2016 18 APR	£147,500	£218,920	33% below HPI
2005 17 OCT	£137,000	£179,302	24% below HPI
2003 7 AUG	£119,000	£148,282	20% below HPI
2002 10 MAY	£86,500	£101,539	15% below HPI

24 MILLERS 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 24 MILLERS WAY sales between May 2002 and April 2016 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 October 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 24 MILLERS WAY?

24 MILLERS WAY is 57m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 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 24 MILLERS WAY lies on this distribution: 2% of detached houses are smaller than 24 MILLERS WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Heckington.

24 MILLERS WAY: Plot and Title Map

24 MILLERS WAY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 24 MILLERS 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 24 MILLERS 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 24 MILLERS WAY?

24 MILLERS WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 24 on MILLERS WAY.