1, MEDWAY CRESCENT, NORTH HYKEHAM, LINCOLN, LN6 8UB - £268,000

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 MEDWAY CRESCENT is a small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £268,000 in March 2024, which was around 11% below the average March 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

1 MEDWAY CRESCENT Sold Prices

Land registry data shows two sales for 1 MEDWAY CRESCENT 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 MEDWAY CRESCENT 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
2024 22 MAR	£268,000	£299,653	11% below HPI
2017 27 NOV	£210,000	£239,674	12% below HPI

1 MEDWAY CRESCENT 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 MEDWAY CRESCENT sales from November 2017 and March 2024 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 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 MEDWAY CRESCENT?

1 MEDWAY CRESCENT is 91m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% 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 MEDWAY CRESCENT lies on this distribution: 34% of detached houses are smaller than 1 MEDWAY CRESCENT, and 65% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

1 MEDWAY CRESCENT: Plot and Title Map

1 MEDWAY CRESCENT sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 1 MEDWAY CRESCENT, 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 MEDWAY CRESCENT). 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 MEDWAY CRESCENT?

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