41, HERMES WAY, SLEAFORD, NG34 7WH - £194,500

41 HERMES WAY is a midsized detached house of 107m², built sometime between 2003 and 2006. It was last sold for £194,500 in November 2012, which was around 8% above the average November 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

41 HERMES WAY Sold Prices

Land registry data shows four sales for 41 HERMES WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 41 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
2012 1 NOV	£194,500	£179,299	8% above HPI
2010 9 AUG	£193,000	£183,842	5% above HPI
2006 9 MAY	£200,000	£181,429	10% above HPI
2002 4 OCT	£130,000	£119,592	9% above HPI

41 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 four 41 HERMES WAY sales between October 2002 and November 2012 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 2010 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2012 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 41 HERMES WAY?

41 HERMES WAY is 107m² according to the EPC inspection conducted in January 2009. This puts it in the largest 50% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 41 HERMES WAY lies on this distribution: 52% of detached houses are smaller than 41 HERMES WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

41 HERMES WAY: Plot and Title Map

41 HERMES WAY sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 41 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 41 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 41 HERMES WAY?

41 HERMES WAY is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 41 on HERMES WAY.