48, OAK WAY, HECKINGTON, SLEAFORD, NG34 9FG - £365,000

48 OAK WAY is a very large detached house of 237m², built sometime between 2003 and 2006. It was last sold for £365,000 in September 2016, which was around 63% above the average September 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

48 OAK WAY Sold Prices

Land registry data shows three sales for 48 OAK 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 48 OAK 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
2016 9 SEP	£365,000	£224,152	63% above HPI
2015 16 MAR	£345,000	£199,271	73% above HPI
2007 14 NOV	£325,000	£198,206	64% above HPI

48 OAK 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 48 OAK WAY sales between November 2007 and September 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 March 2015 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the September 2016 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 48 OAK WAY?

48 OAK WAY is 237m² according to the EPC inspection conducted in October 2013. This puts it in the largest 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 48 OAK WAY lies on this distribution: 97% of detached houses are smaller than 48 OAK WAY, and 3% of houses are larger. Note that EPC data is not available for all properties in Heckington.

48 OAK WAY: Plot and Title Map

48 OAK WAY sits on a plot of roughly 0.215 of an acre, or 872m². The below map shows the location of 48 OAK 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 48 OAK 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 48 OAK WAY?

48 OAK WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 48 on OAK WAY.