Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
18 BAKEWELL MEWS is a midsized extended detached house of 111m², built sometime between 1996 and 2002. It was last sold for £268,000 in June 2021, which was around 3% below the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 18 BAKEWELL MEWS since 1st 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. Most of the four 18 BAKEWELL MEWS 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 |
---|---|---|---|
2021 16 JUN | £268,000 | £275,516 | 3% below HPI |
2017 19 OCT | £247,500 | £236,827 | 5% above HPI |
2001 13 AUG | £90,000 | £86,657 | 4% above HPI |
1996 23 AUG | £74,995 | £62,821 | 19% above HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 18 BAKEWELL MEWS sales between August 1996 and June 2021 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 October 2017 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
18 BAKEWELL MEWS is 111m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% 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 18 BAKEWELL MEWS lies on this distribution: 59% of detached houses are smaller than 18 BAKEWELL MEWS, and 40% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
18 BAKEWELL MEWS sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 18 BAKEWELL MEWS, 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 18 BAKEWELL MEWS). 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.
18 BAKEWELL MEWS is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 18 on BAKEWELL MEWS.