27, HERMES WAY, SLEAFORD, NG34 7WH - £290,000

27 HERMES WAY is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £290,000 in December 2020, which was around 7% above the average December 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

27 HERMES WAY Sold Prices

Land registry data shows three sales for 27 HERMES 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 27 HERMES 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
2020 10 DEC	£290,000	£271,548	7% above HPI
2003 28 FEB	£182,000	£131,816	38% above HPI
2000 5 MAY	£103,000	£77,302	33% above HPI

27 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 three 27 HERMES WAY sales between May 2000 and December 2020 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 2003 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 27 HERMES WAY?

27 HERMES WAY is 96m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 27 HERMES WAY lies on this distribution: 38% of detached houses are smaller than 27 HERMES WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

27 HERMES WAY: Plot and Title Map

27 HERMES WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 27 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 27 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 27 HERMES WAY?

27 HERMES WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 27 on HERMES WAY.