18, STATION ROAD, NORTH HYKEHAM, LINCOLN, LN6 9AQ - £245,000

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

18 STATION ROAD is a midsized detached house of 104m², built sometime between 1930 and 1949. It was last sold for £245,000 in February 2022, which was around 17% below the average February 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

18 STATION ROAD Sold Prices

Land registry data shows two sales for 18 STATION ROAD 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. Both of the two 18 STATION ROAD 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 21 FEB	£245,000	£294,972	17% below HPI
2014 9 MAY	£167,500	£194,858	14% below HPI

18 STATION ROAD 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 18 STATION ROAD sales from May 2014 and February 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 May 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 18 STATION ROAD?

18 STATION ROAD is 104m² according to the EPC inspection conducted in October 2021. 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 STATION ROAD lies on this distribution: 51% of detached houses are smaller than 18 STATION ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

18 STATION ROAD: Plot and Title Map

18 STATION ROAD sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 18 STATION ROAD, 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 STATION ROAD). 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 18 STATION ROAD?

18 STATION ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 18 on STATION ROAD.