3, HAWKS WAY, SLEAFORD, NG34 7UR - £247,500

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

3 HAWKS WAY is a midsized extended detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £230,976. It was last sold for £247,500 in December 2022, which was around 22% below the average December 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

3 HAWKS WAY Sold Prices

Land registry data shows three sales for 3 HAWKS 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 3 HAWKS 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
2022 9 DEC	£247,500	£315,722	22% below HPI
2017 29 SEP	£208,000	£231,243	10% below HPI
1996 2 FEB	£89,950	£56,894	58% above HPI

3 HAWKS 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 3 HAWKS WAY sales between February 1996 and December 2022 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 September 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 HAWKS WAY be worth now?

3 HAWKS WAY might now be worth an estimated £230,976.

This is based on house price deflation of 6.7%, between December 2022 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 6.7% deflationary decrease is applied to the most recent sale price for 3 HAWKS WAY of £247,500 on 9th December 2022. For the value to have decreased from £247,500 to £230,976 over the two years to December 2024, the following assumptions must hold true:

• The value of 3 HAWKS WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2022 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 3 HAWKS WAY has not materially changed since December 2022.

How Large is 3 HAWKS WAY?

3 HAWKS WAY is 99m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 3 HAWKS WAY lies on this distribution: 42% of detached houses houses are smaller than 3 HAWKS WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

3 HAWKS WAY: Plot and Title Map

3 HAWKS WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 3 HAWKS 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 3 HAWKS 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 3 HAWKS WAY?

3 HAWKS WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 3 on HAWKS WAY.