5, HUTTON WAY, FALDINGWORTH, MARKET RASEN, LN8 3FT - £295,000

5 HUTTON WAY is a very small detached house of 116m². It was last sold for £295,000 in February 2022, which was around 7% above the average February 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

5 HUTTON WAY Sold Prices

Land registry data shows two sales for 5 HUTTON 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 West Lindsey local authority area for the corresponding sale date. Both of the two 5 HUTTON 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
2022 16 FEB	£295,000	£275,413	7% above HPI
2017 31 OCT	£229,950	£213,823	8% above HPI

5 HUTTON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 5 HUTTON WAY sales from October 2017 and February 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 October 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 5 HUTTON WAY?

5 HUTTON WAY is 116m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Faldingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Faldingworth, and where 5 HUTTON WAY lies on this distribution: 16% of detached houses are smaller than 5 HUTTON WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Faldingworth.

5 HUTTON WAY: Plot and Title Map

5 HUTTON WAY sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 5 HUTTON 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 HUTTON 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 HUTTON WAY?

5 HUTTON WAY is located in FALDINGWORTH, in the LN8 postcode district. The below map shows the position of No. 5 on HUTTON WAY.