8, POTESGRAVE WAY, HECKINGTON, SLEAFORD, NG34 9UD - £122,000

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

8 POTESGRAVE WAY is a very small detached house of 61m², built sometime between 1983 and 1990. It was last sold for £122,000 in September 2013, which was around 35% below the average September 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

8 POTESGRAVE WAY Sold Prices

Land registry data shows two sales for 8 POTESGRAVE 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 8 POTESGRAVE 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
2013 6 SEP	£122,000	£187,148	35% below HPI
1997 1 SEP	£55,000	£65,897	17% below HPI

8 POTESGRAVE 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 8 POTESGRAVE WAY sales from September 1997 and September 2013 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 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 8 POTESGRAVE WAY?

8 POTESGRAVE WAY is 61m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 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 8 POTESGRAVE WAY lies on this distribution: 3% of detached houses are smaller than 8 POTESGRAVE WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Heckington.

8 POTESGRAVE WAY: Plot and Title Map

8 POTESGRAVE WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 8 POTESGRAVE 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 8 POTESGRAVE 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 8 POTESGRAVE WAY?

8 POTESGRAVE WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 8 on POTESGRAVE WAY.