2, CLEVELAND AVENUE, NORTH HYKEHAM, LINCOLN, LN6 9TH - £250,000

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 CLEVELAND AVENUE is a midsized extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £250,000 in August 2021, which was around 11% below the average August 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

2 CLEVELAND AVENUE Sold Prices

Land registry data shows five sales for 2 CLEVELAND AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 2 CLEVELAND AVENUE 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
2021 2 AUG	£250,000	£282,296	11% below HPI
2007 5 JUN	£179,950	£195,434	8% below HPI
2006 24 JUL	£175,000	£181,714	4% below HPI
2004 16 AUG	£179,000	£171,818	4% above HPI
1999 29 JUL	£77,950	£71,360	9% above HPI

2 CLEVELAND AVENUE 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 five 2 CLEVELAND AVENUE sales between July 1999 and August 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 June 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 CLEVELAND AVENUE?

2 CLEVELAND AVENUE is 97m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 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 2 CLEVELAND AVENUE lies on this distribution: 42% of detached houses are smaller than 2 CLEVELAND AVENUE, and 57% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

2 CLEVELAND AVENUE: Plot and Title Map

2 CLEVELAND AVENUE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 2 CLEVELAND AVENUE, 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 CLEVELAND AVENUE). 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 CLEVELAND AVENUE?

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