5, COLBY WAY, HECKINGTON, SLEAFORD, NG34 9UR - £290,000

5 COLBY WAY is a small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £290,000 in July 2022, which was around 7% below the average July 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

5 COLBY WAY Sold Prices

Land registry data shows three sales for 5 COLBY 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. One of the three 5 COLBY WAY sales was for below the average price, whilst two 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
2022 22 JUL	£290,000	£310,270	7% below HPI
2011 6 JUL	£197,500	£181,357	9% above HPI
1999 5 MAR	£74,950	£70,736	6% above HPI

5 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 three 5 COLBY WAY sales between March 1999 and July 2022 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 July 2011 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 5 COLBY WAY?

5 COLBY WAY is 78m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses by size in Heckington, and where 5 COLBY WAY lies on this distribution: 22% of detached houses are smaller than 5 COLBY WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Heckington.

5 COLBY WAY: Plot and Title Map

5 COLBY WAY sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 5 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 5 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 5 COLBY WAY?

5 COLBY WAY is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 5 on COLBY WAY.