2, GRANDFIELD WAY, NORTH HYKEHAM, LINCOLN, LN6 9NZ - £585,000

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 GRANDFIELD WAY is a very large extended detached house of 256m², built sometime between 2003 and 2006. It was last sold for £585,000 in February 2021, which was around 114% above the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 GRANDFIELD WAY Sold Prices

Land registry data shows two sales for 2 GRANDFIELD WAY 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 GRANDFIELD WAY 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 24 FEB	£585,000	£273,488	114% above HPI
2007 6 FEB	£385,000	£190,020	103% above HPI

2 GRANDFIELD WAY 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 GRANDFIELD WAY sales from February 2007 and February 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 February 2007 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the February 2021 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is 2 GRANDFIELD WAY?

2 GRANDFIELD WAY is 256m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 GRANDFIELD WAY lies on this distribution: 99% of detached houses are smaller than 2 GRANDFIELD WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

2 GRANDFIELD WAY: Plot and Title Map

2 GRANDFIELD WAY sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 2 GRANDFIELD WAY, 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 GRANDFIELD WAY). 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 GRANDFIELD WAY?

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