1, GRANDFIELD WAY, NORTH HYKEHAM, LINCOLN, LN6 9NZ - £362,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 GRANDFIELD WAY is a very large detached house of 145m², built sometime between 2003 and 2006. It was last sold for £362,500 in October 2020, which was around 37% above the average October 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

1 GRANDFIELD WAY Sold Prices

Land registry data shows two sales for 1 GRANDFIELD 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 1 GRANDFIELD 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
2020 26 OCT	£362,500	£264,224	37% above HPI
2008 14 NOV	£300,000	£179,189	67% above HPI

1 GRANDFIELD 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 1 GRANDFIELD WAY sales from November 2008 and October 2020 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 November 2008 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the October 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 1 GRANDFIELD WAY?

1 GRANDFIELD WAY is 145m² according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 1 GRANDFIELD WAY lies on this distribution: 86% of detached houses are smaller than 1 GRANDFIELD WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

1 GRANDFIELD WAY: Plot and Title Map

1 GRANDFIELD WAY sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 1 GRANDFIELD 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 GRANDFIELD 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 GRANDFIELD WAY?

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