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

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

16 OCTAVIAN CRESCENT is a small detached house of 89m², built sometime between 2007 and 2011, which could now be worth an estimated £260,474. It was last sold for £255,000 in January 2022, which was around 12% 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	£288,451	12% below HPI
2018 30 NOV	£193,000	£253,312	24% below HPI
2013 29 MAY	£157,000	£183,869	15% below HPI
2010 30 NOV	£166,950	£185,595	10% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 16 OCTAVIAN CRESCENT be worth now?

16 OCTAVIAN CRESCENT might now be worth an estimated £260,474.

This is based on house price inflation of 2.1%, between January 2022 and December 2024, for 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 2.1% inflationary increase is applied to the most recent sale price for 16 OCTAVIAN CRESCENT of £255,000 on 20th January 2022. For the value to have increased from £255,000 to £260,474 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 16 OCTAVIAN CRESCENT has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The January 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OCTAVIAN CRESCENT has not materially changed since January 2022.

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 houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 16 OCTAVIAN CRESCENT lies on this distribution: 32% of detached houses houses are smaller than 16 OCTAVIAN CRESCENT, and 66% 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.