22, MEADOW LANE, NORTH HYKEHAM, LINCOLN, LN6 9RE - £225,000

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

22 MEADOW LANE is a large extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £225,000 in August 2007, which was around 11% above the average August 2007 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was B.

22 MEADOW LANE Sold Prices

Land registry data shows two sales for 22 MEADOW LANE 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. One of the two 22 MEADOW LANE sales was for above the average price, whilst the other was 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
2007 31 AUG	£225,000	£202,284	11% above HPI
2001 16 NOV	£90,000	£92,321	3% below HPI

22 MEADOW LANE 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 22 MEADOW LANE sales from November 2001 and August 2007 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 November 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2007 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 22 MEADOW LANE?

22 MEADOW LANE is 125m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 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 22 MEADOW LANE lies on this distribution: 72% of detached houses are smaller than 22 MEADOW LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

22 MEADOW LANE: Plot and Title Map

22 MEADOW LANE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 22 MEADOW LANE, 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 22 MEADOW LANE). 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 22 MEADOW LANE?

22 MEADOW LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 22 on MEADOW LANE.