10, FEN LANE, NORTH HYKEHAM, LINCOLN, LN6 8EZ - £288,000

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

10 FEN LANE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £288,000 in July 2021, which was around 4% above the average July 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

10 FEN LANE Sold Prices

Land registry data shows two sales for 10 FEN LANE 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. One of the two 10 FEN LANE sales was for above the average price, whilst the other was 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
2021 23 JUL	£288,000	£275,781	4% above HPI
2014 20 MAY	£154,000	£194,858	21% below HPI

10 FEN LANE 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 10 FEN LANE sales from May 2014 and July 2021 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 10 FEN LANE?

10 FEN LANE is 76m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 10 FEN LANE lies on this distribution: 16% of detached houses are smaller than 10 FEN LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

10 FEN LANE: Plot and Title Map

10 FEN LANE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 10 FEN LANE, 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 10 FEN LANE). 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 10 FEN LANE?

10 FEN LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 10 on FEN LANE.