2, MILL MOOR WAY, NORTH HYKEHAM, LINCOLN, LN6 9PJ - £175,000

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

2 MILL MOOR WAY is a small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £175,000 in July 2017, which was around 26% below the average July 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 MILL MOOR WAY Sold Prices

Land registry data shows two sales for 2 MILL MOOR 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 MILL MOOR WAY 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
2017 21 JUL	£175,000	£237,927	26% below HPI
2016 14 JAN	£175,000	£214,934	19% below HPI

2 MILL MOOR 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 MILL MOOR WAY sales from January 2016 and July 2017 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 January 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 MILL MOOR WAY?

2 MILL MOOR WAY is 80m² according to the EPC inspection conducted in August 2015. 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 MILL MOOR WAY lies on this distribution: 22% of detached houses are smaller than 2 MILL MOOR WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

2 MILL MOOR WAY: Plot and Title Map

2 MILL MOOR WAY sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 2 MILL MOOR 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 MILL MOOR 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 MILL MOOR WAY?

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