47, HERMES WAY, SLEAFORD, NG34 7WH - £153,000

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

47 HERMES WAY is a small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £153,000 in August 2006, which was around 18% below the average August 2006 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

47 HERMES WAY Sold Prices

Land registry data shows three sales for 47 HERMES 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. All of the three 47 HERMES 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
2006 30 AUG	£153,000	£185,763	18% below HPI
2005 29 JUL	£147,000	£179,501	18% below HPI
2002 28 JUN	£95,000	£105,024	10% below HPI

47 HERMES 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 47 HERMES WAY sales between June 2002 and August 2006 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 July 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2006 sale, which was also at 18% below the HPI.

How Large is 47 HERMES WAY?

47 HERMES WAY is 87m², which includes three extensions, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 47 HERMES WAY lies on this distribution: 28% of detached houses are smaller than 47 HERMES WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

47 HERMES WAY: Plot and Title Map

47 HERMES WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 47 HERMES 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 47 HERMES 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 47 HERMES WAY?

47 HERMES WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 47 on HERMES WAY.