114, FERROUS WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZN - £215,000

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

114 FERROUS WAY is a midsized detached house of 111m². It was last sold for £215,000 in March 2019, which was around 15% below the average March 2019 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.

114 FERROUS WAY Sold Prices

Land registry data shows two sales for 114 FERROUS 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 114 FERROUS WAY sales was for below 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
2019 19 MAR	£215,000	£252,775	15% below HPI
2016 22 JAN	£216,999	£214,934	1% above HPI

114 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 two 114 FERROUS WAY sales from January 2016 and March 2019 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 January 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 114 FERROUS WAY?

114 FERROUS WAY is 111m² according to the EPC inspection conducted in November 2015. This puts it in the largest 50% 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 114 FERROUS WAY lies on this distribution: 59% of detached houses are smaller than 114 FERROUS WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

114 FERROUS WAY: Plot and Title Map

114 FERROUS WAY sits on a plot of roughly 22.6 acres, or 91,594m². The below map shows the location of 114 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 114 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 114 FERROUS WAY?

114 FERROUS WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 114 on FERROUS WAY.