16, NERO WAY, NORTH HYKEHAM, LINCOLN, LN6 8JP - £219,950

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

16 NERO WAY is a large detached house of 127m². It was last sold for £219,950 in October 2017, which was around 7% below the average October 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was B.

16 NERO WAY Sold Prices

Land registry data shows two sales for 16 NERO 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 16 NERO 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
2017 31 OCT	£219,950	£236,827	7% below HPI
2008 30 MAY	£226,950	£193,595	17% above HPI

16 NERO 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 16 NERO WAY sales from May 2008 and October 2017 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 May 2008 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 NERO WAY?

16 NERO WAY is 127m² according to the EPC inspection conducted in February 2011. This puts it in the largest 30% 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 16 NERO WAY lies on this distribution: 74% of detached houses are smaller than 16 NERO WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

16 NERO WAY: Plot and Title Map

16 NERO WAY sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 16 NERO 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 16 NERO 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 16 NERO WAY?

16 NERO WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 16 on NERO WAY.