1, JULIUS WAY, NORTH HYKEHAM, LINCOLN, LN6 9LL - £115,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 JULIUS WAY is a very small detached house of 62m². It was last sold for £115,000 in December 2017, which was around 53% below the average December 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was C.

1 JULIUS WAY Sold Prices

Land registry data shows two sales for 1 JULIUS 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 JULIUS WAY sales were for below 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
2017 15 DEC	£115,000	£243,033	53% below HPI
2015 20 FEB	£107,500	£197,838	46% below HPI

1 JULIUS 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 JULIUS WAY sales from February 2015 and December 2017 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 February 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2017 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 1 JULIUS WAY?

1 JULIUS WAY is 62m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 JULIUS WAY lies on this distribution: 5% of detached houses are smaller than 1 JULIUS WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

1 JULIUS WAY: Plot and Title Map

1 JULIUS WAY sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 1 JULIUS 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 JULIUS 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 JULIUS WAY?

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