16, COLBY WAY, HECKINGTON, SLEAFORD, NG34 9UR - £179,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 COLBY WAY is a small extended detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £255,169. It was last sold for £179,950 in February 2016, which was around 16% below the average February 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

16 COLBY WAY Sold Prices

Land registry data shows two sales for 16 COLBY 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 16 COLBY 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
2016 10 FEB	£179,950	£214,196	16% below HPI
1998 1 DEC	£63,950	£69,106	7% below HPI

16 COLBY 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 16 COLBY WAY sales from December 1998 and February 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 December 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 16 COLBY WAY be worth now?

16 COLBY WAY might now be worth an estimated £255,169.

This is based on house price inflation of 41.8%, between February 2016 and June 2025, 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 41.8% inflationary increase is applied to the most recent sale price for 16 COLBY WAY of £179,950 on 10th February 2016. For the value to have increased from £179,950 to £255,169 over the eight years and eight months to June 2025, the following assumptions must hold true:

• The value of 16 COLBY WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2016 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 16 COLBY WAY has not materially changed since February 2016.

How Large is 16 COLBY WAY?

16 COLBY WAY is 93m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 40% 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 16 COLBY WAY lies on this distribution: 34% of detached houses houses are smaller than 16 COLBY WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Heckington.

16 COLBY WAY: Plot and Title Map

16 COLBY WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 16 COLBY 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 16 COLBY 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 16 COLBY WAY?

16 COLBY WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 16 on COLBY WAY.