2, CAPITO DRIVE, NORTH HYKEHAM, LINCOLN, LN6 9FZ - £255,000

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

2 CAPITO DRIVE is a small detached house of 79m², built sometime between 2007 and 2011. It was last sold for £255,000 in April 2024, which was around 15% below the average April 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

2 CAPITO DRIVE Sold Prices

Land registry data shows two sales for 2 CAPITO DRIVE 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 2 CAPITO DRIVE 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
2024 24 APR	£255,000	£300,782	15% below HPI
2012 15 JUN	£174,995	£181,952	4% below HPI

2 CAPITO DRIVE 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 2 CAPITO DRIVE sales from June 2012 and April 2024 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 June 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 CAPITO DRIVE?

2 CAPITO DRIVE is 79m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% 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 2 CAPITO DRIVE lies on this distribution: 20% of detached houses are smaller than 2 CAPITO DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

2 CAPITO DRIVE: Plot and Title Map

2 CAPITO DRIVE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 2 CAPITO DRIVE, 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 2 CAPITO DRIVE). 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 2 CAPITO DRIVE?

2 CAPITO DRIVE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 2 on CAPITO DRIVE.