4, COLBY WAY, HECKINGTON, SLEAFORD, NG34 9UR - £292,500

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

4 COLBY WAY is a large detached house of 140m², built sometime between 1983 and 1990. It was last sold for £292,500 in March 2018, which was around 23% above the average March 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

4 COLBY WAY Sold Prices

Land registry data shows two sales for 4 COLBY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 4 COLBY 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 6 MAR	£292,500	£238,220	23% above HPI
2000 8 FEB	£84,000	£73,433	14% above HPI

4 COLBY 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 two 4 COLBY WAY sales from February 2000 and March 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 February 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2018 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 4 COLBY WAY?

4 COLBY WAY is 140m² according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of detached houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses by size in Heckington, and where 4 COLBY WAY lies on this distribution: 78% of detached houses are smaller than 4 COLBY WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Heckington.

4 COLBY WAY: Plot and Title Map

4 COLBY WAY sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 4 COLBY 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 4 COLBY 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 4 COLBY WAY?

4 COLBY WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 4 on COLBY WAY.