52, OAK WAY, HECKINGTON, SLEAFORD, NG34 9FG - £525,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

52 OAK WAY is a very large extended detached house of 250m², built sometime from 2007 onwards, which could now be worth an estimated £530,477. It was last sold for £525,000 in August 2024, which was around 80% above the average August 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

52 OAK WAY Sold Prices

Land registry data shows three sales for 52 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 52 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
2024 23 AUG	£525,000	£291,601	80% above HPI
2021 27 AUG	£475,000	£278,721	70% above HPI
2016 8 SEP	£345,000	£221,313	56% above HPI

52 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 52 OAK WAY sales between September 2016 and August 2024 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 August 2021 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the August 2024 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 52 OAK WAY be worth now?

52 OAK WAY might now be worth an estimated £530,477.

This is based on house price inflation of 1%, between August 2024 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% inflationary increase is applied to the most recent sale price for 52 OAK WAY of £525,000 on 23rd August 2024. For the value to have increased from £525,000 to £530,477 over the eight months to December 2024, the following assumptions must hold true:

• The value of 52 OAK WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2024 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 52 OAK WAY has not materially changed since August 2024.

How Large is 52 OAK WAY?

52 OAK WAY is 250m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heckington, and where 52 OAK WAY lies on this distribution: 98% of detached houses houses are smaller than 52 OAK WAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Heckington.

52 OAK WAY: Plot and Title Map

52 OAK WAY sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 52 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 52 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 52 OAK WAY?

52 OAK WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 52 on OAK WAY.