12, VESPASIAN WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZB - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 VESPASIAN WAY is a very small semi-detached house of 77m², which could now be worth an estimated £243,793. It was last sold for £230,000 in March 2024, which was around 20% above the average March 2024 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

12 VESPASIAN WAY Sold Prices

Land registry data shows four sales for 12 VESPASIAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 12 VESPASIAN 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
2024 26 MAR	£230,000	£192,274	20% above HPI
2021 8 NOV	£215,000	£184,149	17% above HPI
2019 16 APR	£190,000	£161,989	17% above HPI
2014 19 DEC	£165,000	£130,700	26% above HPI

12 VESPASIAN 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 four 12 VESPASIAN WAY sales between December 2014 and March 2024 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 November 2021 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2024 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 12 VESPASIAN WAY be worth now?

12 VESPASIAN WAY might now be worth an estimated £243,793.

This is based on house price inflation of 6%, between March 2024 and February 2025, 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 6% inflationary increase is applied to the most recent sale price for 12 VESPASIAN WAY of £230,000 on 26th March 2024. For the value to have increased from £230,000 to £243,793 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 12 VESPASIAN WAY has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The March 2024 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 12 VESPASIAN WAY has not materially changed since March 2024.

How Large is 12 VESPASIAN WAY?

12 VESPASIAN WAY is 77m² according to the EPC inspection conducted in November 2014. 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 VESPASIAN WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 12 VESPASIAN WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

12 VESPASIAN WAY: Plot and Title Map

12 VESPASIAN WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 12 VESPASIAN 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 VESPASIAN 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 VESPASIAN WAY?

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