12, JULIUS WAY, NORTH HYKEHAM, LINCOLN, LN6 9LL - £189,000

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

12 JULIUS WAY is a very small semi-detached house of 77m², which could now be worth an estimated £212,512. It was last sold for £189,000 in May 2021, which was around 7% above the average May 2021 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was C.

12 JULIUS WAY Sold Prices

Land registry data shows two sales for 12 JULIUS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 12 JULIUS WAY sales were 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
2021 21 MAY	£189,000	£176,716	7% above HPI
2013 26 APR	£146,500	£117,159	25% above HPI

12 JULIUS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 12 JULIUS WAY sales from April 2013 and May 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 April 2013 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 12 JULIUS WAY be worth now?

12 JULIUS WAY might now be worth an estimated £212,512.

This is based on house price inflation of 12.4%, between May 2021 and December 2024, for semi-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 12.4% inflationary increase is applied to the most recent sale price for 12 JULIUS WAY of £189,000 on 21st May 2021. For the value to have increased from £189,000 to £212,512 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 12 JULIUS WAY has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The May 2021 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 12 JULIUS WAY has not materially changed since May 2021.

How Large is 12 JULIUS WAY?

12 JULIUS WAY is 77m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of semi-detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Hykeham, and where 12 JULIUS WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 12 JULIUS WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

12 JULIUS WAY: Plot and Title Map

12 JULIUS WAY sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 12 JULIUS 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 12 JULIUS 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 12 JULIUS WAY?

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