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
23 BAKEWELL MEWS is a large extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £375,000 in March 2022, which was around 26% above the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 23 BAKEWELL MEWS since 1st 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 23 BAKEWELL MEWS 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 |
---|---|---|---|
2022 17 MAR | £375,000 | £298,804 | 26% above HPI |
2021 30 JUN | £330,000 | £275,516 | 20% above HPI |
1997 20 JUN | £82,995 | £65,499 | 27% above HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 23 BAKEWELL MEWS sales between June 1997 and March 2022 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 June 2021 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.
23 BAKEWELL MEWS is 128m², which includes two extensions, according to the EPC inspection conducted in February 2021. 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 23 BAKEWELL MEWS lies on this distribution: 75% of detached houses are smaller than 23 BAKEWELL MEWS, and 24% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
23 BAKEWELL MEWS sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 23 BAKEWELL MEWS, 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 23 BAKEWELL MEWS). 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.
23 BAKEWELL MEWS is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 23 on BAKEWELL MEWS.