102, FERROUS WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZN - £184,000

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

102 FERROUS WAY is a small detached house of 88m². It was last sold for £184,000 in March 2021, which was around 32% 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.

102 FERROUS WAY Sold Prices

Land registry data shows three sales for 102 FERROUS WAY since 1^st 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	£269,432	32% below HPI
2017 28 JUL	£190,000	£234,913	19% below HPI
2016 18 MAR	£186,500	£214,091	13% below HPI

102 FERROUS WAY 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 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 102 FERROUS WAY be worth now?

102 FERROUS WAY might now be worth an estimated £201,217.

This is based on house price inflation of 9.4%, between March 2021 and December 2024, for 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 9.4% inflationary increase is applied to the most recent sale price for 102 FERROUS WAY of £184,000 on 12th March 2021. For the value to have increased from £184,000 to £201,217 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 102 FERROUS WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2021 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 102 FERROUS WAY has not materially changed since March 2021.

How Large is 102 FERROUS WAY?

102 FERROUS WAY is 88m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 102 FERROUS WAY lies on this distribution: 31% of detached houses 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: Plot and Title Map

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.

Where is 102 FERROUS WAY?

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.