10, VESPASIAN WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZB - £225,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 VESPASIAN WAY is a very small semi-detached house of 77m², which could now be worth an estimated £216,517. It was last sold for £225,500 in January 2023, which was around 9% above the average January 2023 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

10 VESPASIAN WAY Sold Prices

Land registry data shows three sales for 10 VESPASIAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 10 VESPASIAN 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
2023 26 JAN	£225,500	£206,944	9% above HPI
2020 28 FEB	£190,000	£166,361	14% above HPI
2014 19 DEC	£165,000	£130,700	26% above HPI

10 VESPASIAN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 10 VESPASIAN WAY sales between December 2014 and January 2023 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 2020 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2023 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 10 VESPASIAN WAY be worth now?

10 VESPASIAN WAY might now be worth an estimated £216,517.

This is based on house price deflation of 4%, between January 2023 and December 2024, for semi-detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4% deflationary decrease is applied to the most recent sale price for 10 VESPASIAN WAY of £225,500 on 26th January 2023. For the value to have decreased from £225,500 to £216,517 over the one month to December 2024, the following assumptions must hold true:

• The value of 10 VESPASIAN WAY has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The January 2023 sale price of £225,500 represented a fair market value for the property.
• The size, condition, and specification of 10 VESPASIAN WAY has not materially changed since January 2023.

How Large is 10 VESPASIAN WAY?

10 VESPASIAN WAY is 77m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of semi-detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Hykeham, and where 10 VESPASIAN WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 10 VESPASIAN WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

10 VESPASIAN WAY: Plot and Title Map

10 VESPASIAN WAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 10 VESPASIAN 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 10 VESPASIAN 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 10 VESPASIAN WAY?

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