1, MAGNUS COURT, NORTH HYKEHAM, LINCOLN, LN6 9FW - £162,500

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 MAGNUS COURT is a small detached house of 79m², built sometime between 2003 and 2006. It was last sold for £162,500 in March 2016, which was around 25% below the average March 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

1 MAGNUS COURT Sold Prices

Land registry data shows two sales for 1 MAGNUS COURT 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 MAGNUS COURT 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
2016 21 MAR	£162,500	£216,837	25% below HPI
2009 23 OCT	£136,495	£178,798	24% below HPI

1 MAGNUS COURT 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 MAGNUS COURT sales from October 2009 and March 2016 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 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 MAGNUS COURT?

1 MAGNUS COURT is 79m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% 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 MAGNUS COURT lies on this distribution: 20% of detached houses are smaller than 1 MAGNUS COURT, and 78% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

1 MAGNUS COURT: Plot and Title Map

1 MAGNUS COURT sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 1 MAGNUS COURT, 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 MAGNUS COURT). 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 MAGNUS COURT?

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