31, OAK WAY, HECKINGTON, SLEAFORD, NG34 9FG - £395,000

31 OAK WAY is a very large detached house of 144m², built sometime between 2003 and 2006. It was last sold for £395,000 in October 2021, which was around 38% above the average October 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

31 OAK WAY Sold Prices

Land registry data shows two sales for 31 OAK 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 31 OAK 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
2021 25 OCT	£395,000	£285,623	38% above HPI
2007 17 AUG	£250,000	£202,284	24% above HPI

31 OAK 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 31 OAK WAY sales from August 2007 and October 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 August 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 31 OAK WAY?

31 OAK WAY is 144m² according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses by size in Heckington, and where 31 OAK WAY lies on this distribution: 80% of detached houses are smaller than 31 OAK WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Heckington.

31 OAK WAY: Plot and Title Map

31 OAK WAY sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 31 OAK 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 31 OAK 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 31 OAK WAY?

31 OAK WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 31 on OAK WAY.