15, SCHOOL LANE, NORTH HYKEHAM, LINCOLN, LN6 9QS - £342,000

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

15 SCHOOL LANE is a large extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £342,000 in June 2023, which was around 10% above the average June 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

15 SCHOOL LANE Sold Prices

Land registry data shows five sales for 15 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 15 SCHOOL LANE 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
2023 13 JUN	£342,000	£309,817	10% above HPI
2007 7 FEB	£225,000	£190,020	18% above HPI
2006 23 FEB	£200,000	£174,524	15% above HPI
2000 24 OCT	£94,000	£81,391	15% above HPI
1998 3 APR	£83,000	£67,096	24% above HPI

15 SCHOOL 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 five 15 SCHOOL LANE sales between April 1998 and June 2023 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 February 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2023 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 15 SCHOOL LANE?

15 SCHOOL LANE is 115m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% 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 15 SCHOOL LANE lies on this distribution: 65% of detached houses are smaller than 15 SCHOOL LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

15 SCHOOL LANE: Plot and Title Map

15 SCHOOL LANE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 15 SCHOOL 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 15 SCHOOL 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 15 SCHOOL LANE?

15 SCHOOL LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 15 on SCHOOL LANE.