25, HERMES WAY, SLEAFORD, NG34 7WH - £225,000

25 HERMES WAY is a large detached house of 121m², built sometime between 1996 and 2002. It was last sold for £225,000 in March 2018, which was around 6% below the average March 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

25 HERMES WAY Sold Prices

Land registry data shows two sales for 25 HERMES 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. One of the two 25 HERMES WAY sales was for below the average price, whilst the other was 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
2018 2 MAR	£225,000	£238,220	6% below HPI
2000 25 FEB	£99,000	£73,433	35% above HPI

25 HERMES 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 25 HERMES WAY sales from February 2000 and March 2018 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 2000 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 25 HERMES WAY?

25 HERMES WAY is 121m² according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 25 HERMES WAY lies on this distribution: 69% of detached houses are smaller than 25 HERMES WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

25 HERMES WAY: Plot and Title Map

25 HERMES WAY sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 25 HERMES 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 25 HERMES 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 25 HERMES WAY?

25 HERMES WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 25 on HERMES WAY.