Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
102 FERROUS WAY is a small detached house of 88m². It was last sold for £184,000 in March 2021, which was around 33% below the average March 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 102 FERROUS WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 102 FERROUS 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 |
---|---|---|---|
2021 12 MAR | £184,000 | £272,889 | 33% below HPI |
2017 28 JUL | £190,000 | £237,927 | 20% below HPI |
2016 18 MAR | £186,500 | £216,837 | 14% below HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 102 FERROUS WAY sales between March 2016 and March 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 July 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
102 FERROUS WAY is 88m² according to the EPC inspection conducted in November 2015. 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 102 FERROUS WAY lies on this distribution: 31% of detached houses are smaller than 102 FERROUS WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
102 FERROUS WAY sits on a plot of roughly 22.6 acres, or 91,307m². The below map shows the location of 102 FERROUS 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 102 FERROUS 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.
102 FERROUS WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 102 on FERROUS WAY.