16, OCTAVIAN CRESCENT, NORTH HYKEHAM, LINCOLN, LN6 8HJ - £255,000

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

16 OCTAVIAN CRESCENT is a small detached house of 89m², built sometime between 2007 and 2011. It was last sold for £255,000 in January 2022, which was around 13% below the average January 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

16 OCTAVIAN CRESCENT Sold Prices

Land registry data shows four sales for 16 OCTAVIAN CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 16 OCTAVIAN CRESCENT sales were for below 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
2022 20 JAN	£255,000	£292,152	13% below HPI
2018 30 NOV	£193,000	£256,562	25% below HPI
2013 29 MAY	£157,000	£186,227	16% below HPI
2010 30 NOV	£166,950	£187,976	11% below HPI

16 OCTAVIAN CRESCENT 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 four 16 OCTAVIAN CRESCENT sales between November 2010 and January 2022 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 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 OCTAVIAN CRESCENT?

16 OCTAVIAN CRESCENT is 89m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 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 16 OCTAVIAN CRESCENT lies on this distribution: 32% of detached houses are smaller than 16 OCTAVIAN CRESCENT, and 67% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

16 OCTAVIAN CRESCENT: Plot and Title Map

16 OCTAVIAN CRESCENT sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 16 OCTAVIAN CRESCENT, 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 OCTAVIAN CRESCENT). 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 OCTAVIAN CRESCENT?

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