2, MINERVA WAY, NORTH HYKEHAM, LINCOLN, LN6 9FG - £257,000

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 MINERVA WAY is a very large detached house of 163m². It was last sold for £257,000 in April 2016, which was around 17% above the average April 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was B.

2 MINERVA WAY Sold Prices

Land registry data shows three sales for 2 MINERVA WAY 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 MINERVA 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
2016 19 APR	£257,000	£218,920	17% above HPI
2012 26 MAR	£230,000	£175,684	31% above HPI
2010 9 JUL	£242,500	£184,040	32% above HPI

2 MINERVA 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 three 2 MINERVA WAY sales between July 2010 and April 2016 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 March 2012 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the April 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 MINERVA WAY?

2 MINERVA WAY is 163m² according to the EPC inspection conducted in June 2010. 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 MINERVA WAY lies on this distribution: 92% of detached houses are smaller than 2 MINERVA WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

2 MINERVA WAY: Plot and Title Map

2 MINERVA WAY sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of 2 MINERVA 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 MINERVA 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 MINERVA WAY?

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