2, CRANBOURNE CHASE, NORTH HYKEHAM, LINCOLN, LN6 9TX - £322,500

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

2 CRANBOURNE CHASE is a very large extended detached house of 175m², built sometime between 1996 and 2002. It was last sold for £322,500 in August 2015, which was around 55% above the average August 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was C.

2 CRANBOURNE CHASE Sold Prices

Land registry data shows three sales for 2 CRANBOURNE CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 2 CRANBOURNE CHASE 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
2015 14 AUG	£322,500	£208,390	55% above HPI
2005 13 SEP	£249,995	£178,724	40% above HPI
2002 11 NOV	£199,500	£122,156	63% above HPI

2 CRANBOURNE CHASE 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 three 2 CRANBOURNE CHASE sales between November 2002 and August 2015 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 September 2005 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2015 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 2 CRANBOURNE CHASE?

2 CRANBOURNE CHASE is 175m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% 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 CRANBOURNE CHASE lies on this distribution: 95% of detached houses are smaller than 2 CRANBOURNE CHASE, and 5% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

2 CRANBOURNE CHASE: Plot and Title Map

2 CRANBOURNE CHASE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 2 CRANBOURNE CHASE, 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 CRANBOURNE CHASE). 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 CRANBOURNE CHASE?

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