1, BUTTERCUP WAY, NORTH HYKEHAM, LINCOLN, LN6 9FX - £399,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BUTTERCUP WAY is a very large extended detached house of 213m², built sometime from 2007 onwards, which could now be worth an estimated £509,160. It was last sold for £399,950 in February 2018, which was around 68% above the average February 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

1 BUTTERCUP WAY Sold Prices

Land registry data shows three sales for 1 BUTTERCUP 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 1 BUTTERCUP 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
2018 7 FEB	£399,950	£237,812	68% above HPI
2014 28 MAY	£315,000	£192,390	64% above HPI
2012 31 JAN	£301,760	£174,658	73% above HPI

1 BUTTERCUP 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 1 BUTTERCUP WAY sales between January 2012 and February 2018 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 May 2014 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the February 2018 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 1 BUTTERCUP WAY be worth now?

1 BUTTERCUP WAY might now be worth an estimated £509,160.

This is based on house price inflation of 27.3%, between February 2018 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.3% inflationary increase is applied to the most recent sale price for 1 BUTTERCUP WAY of £399,950 on 7th February 2018. For the value to have increased from £399,950 to £509,160 over the seven years to February 2025, the following assumptions must hold true:

• The value of 1 BUTTERCUP WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2018 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 1 BUTTERCUP WAY has not materially changed since February 2018.

How Large is 1 BUTTERCUP WAY?

1 BUTTERCUP WAY is 213m², which includes three extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 10% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 1 BUTTERCUP WAY lies on this distribution: 98% of detached houses houses are smaller than 1 BUTTERCUP WAY, and 2% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

1 BUTTERCUP WAY: Plot and Title Map

1 BUTTERCUP WAY sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 1 BUTTERCUP 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 1 BUTTERCUP 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 1 BUTTERCUP WAY?

1 BUTTERCUP WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 1 on BUTTERCUP WAY.