5, NEW STREET, HECKINGTON, SLEAFORD, NG34 9JL - £240,000

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

5 NEW STREET is a small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £240,000 in January 2021, which was around 12% below the average January 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

5 NEW STREET Sold Prices

Land registry data shows four sales for 5 NEW STREET 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 5 NEW STREET 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
2021 21 JAN	£240,000	£272,907	12% below HPI
2007 19 SEP	£124,950	£204,191	39% below HPI
2006 2 OCT	£97,500	£189,977	49% below HPI
1998 10 JUL	£38,000	£67,196	43% below HPI

5 NEW STREET 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 5 NEW STREET sales between July 1998 and January 2021 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 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 NEW STREET?

5 NEW STREET is 78m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 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 5 NEW STREET lies on this distribution: 22% of detached houses are smaller than 5 NEW STREET, and 78% of houses are larger. Note that EPC data is not available for all properties in Heckington.

5 NEW STREET: Plot and Title Map

5 NEW STREET sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 5 NEW STREET, 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 5 NEW STREET). 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 5 NEW STREET?

5 NEW STREET is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 5 on NEW STREET.