11, MINERVA WAY, NORTH HYKEHAM, LINCOLN, LN6 9FG - £300,000

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

11 MINERVA WAY is a very large extended detached house of 151m², built sometime between 2007 and 2011. It was last sold for £300,000 in March 2022, which was about the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was B.

11 MINERVA WAY Sold Prices

Land registry data shows two sales for 11 MINERVA WAY 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 11 MINERVA WAY sales was roughly equal to the average price, whilst the other was 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
2022 30 MAR	£300,000	£298,804	Close to HPI
2009 30 APR	£220,000	£166,902	32% above HPI

11 MINERVA 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 two 11 MINERVA WAY sales from April 2009 and March 2022 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 April 2009 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 11 MINERVA WAY?

11 MINERVA WAY is 151m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 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 11 MINERVA WAY lies on this distribution: 88% of detached houses are smaller than 11 MINERVA WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

11 MINERVA WAY: Plot and Title Map

11 MINERVA WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 11 MINERVA 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 11 MINERVA 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 11 MINERVA WAY?

11 MINERVA WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 11 on MINERVA WAY.