17, LANCASTER WAY, SKELLINGTHORPE, LINCOLN, LN6 5UF - £265,000

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

17 LANCASTER WAY is a midsized extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £265,000 in September 2022, which was around 18% below the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

17 LANCASTER WAY Sold Prices

Land registry data shows seven sales for 17 LANCASTER WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the seven 17 LANCASTER WAY 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 9 SEP	£265,000	£322,157	18% below HPI
2015 9 JAN	£164,500	£201,442	18% below HPI
2011 28 OCT	£156,000	£181,253	14% below HPI
2007 9 AUG	£155,000	£202,284	23% below HPI
1997 9 MAY	£57,500	£65,115	12% below HPI
1997 28 FEB	£57,000	£62,735	9% below HPI
1995 17 JAN	£59,950	£63,873	6% below HPI

17 LANCASTER 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 seven 17 LANCASTER WAY sales between January 1995 and September 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 January 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2022 sale, which was also at 18% below the HPI.

How Large is 17 LANCASTER WAY?

17 LANCASTER WAY is 87m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Skellingthorpe, and where 17 LANCASTER WAY lies on this distribution: 40% of detached houses are smaller than 17 LANCASTER WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

17 LANCASTER WAY: Plot and Title Map

17 LANCASTER WAY sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 17 LANCASTER 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 17 LANCASTER 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 17 LANCASTER WAY?

17 LANCASTER WAY is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 17 on LANCASTER WAY.