12, FEN LANE, NORTH HYKEHAM, LINCOLN, LN6 8EZ - £157,000

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

12 FEN LANE is a midsized detached house of 96m², built sometime between 1950 and 1966. It was last sold for £157,000 in April 2009, which was around 6% below the average April 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

12 FEN LANE Sold Prices

Land registry data shows two sales for 12 FEN LANE 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 12 FEN LANE 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
2009 24 APR	£157,000	£166,902	6% below HPI
2003 2 AUG	£170,000	£148,282	15% above HPI

12 FEN LANE 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 12 FEN LANE sales from August 2003 and April 2009 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 August 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2009 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 FEN LANE?

12 FEN LANE is 96m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 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 12 FEN LANE lies on this distribution: 41% of detached houses are smaller than 12 FEN LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

12 FEN LANE: Plot and Title Map

12 FEN LANE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 12 FEN LANE, 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 12 FEN LANE). 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 12 FEN LANE?

12 FEN LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 12 on FEN LANE.