7, STIRLING WAY, SKELLINGTHORPE, LINCOLN, LN6 5TN - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 STIRLING WAY is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £245,000 in December 2021, which was around 15% below the average December 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

7 STIRLING WAY Sold Prices

Land registry data shows two sales for 7 STIRLING 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 7 STIRLING 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
2021 13 DEC	£245,000	£289,408	15% below HPI
1995 24 FEB	£57,995	£63,750	9% below HPI

7 STIRLING 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 7 STIRLING WAY sales from February 1995 and December 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 February 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 STIRLING WAY?

7 STIRLING WAY is 71m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Skellingthorpe, and where 7 STIRLING WAY lies on this distribution: 17% of detached houses are smaller than 7 STIRLING WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

7 STIRLING WAY: Plot and Title Map

7 STIRLING WAY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 7 STIRLING 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 7 STIRLING 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 7 STIRLING WAY?

7 STIRLING WAY is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 7 on STIRLING WAY.