3, THOROLD WAY, HARMSTON, LINCOLN, LN5 9GJ - £350,000

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

3 THOROLD WAY is a small detached house of 138m², built sometime between 1996 and 2002. It was last sold for £350,000 in April 2018, which was around 45% above the average April 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

3 THOROLD WAY Sold Prices

Land registry data shows four sales for 3 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 3 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
2018 20 APR	£350,000	£240,947	45% above HPI
2017 26 MAY	£315,000	£237,856	32% above HPI
2005 20 OCT	£205,000	£179,302	14% above HPI
2002 30 AUG	£175,000	£113,817	54% above HPI

3 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 3 THOROLD WAY sales between August 2002 and April 2018 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 2017 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2018 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 3 THOROLD WAY?

3 THOROLD WAY is 138m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% of detached houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses by size in Harmston, and where 3 THOROLD WAY lies on this distribution: 34% of detached houses are smaller than 3 THOROLD WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Harmston.

3 THOROLD WAY: Plot and Title Map

3 THOROLD WAY sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 3 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 3 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 3 THOROLD WAY?

3 THOROLD WAY is located in HARMSTON, in the LN5 postcode district. The below map shows the position of No. 3 on THOROLD WAY.