25, MILL MOOR WAY, NORTH HYKEHAM, LINCOLN, LN6 9PJ - £177,000

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

25 MILL MOOR WAY is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £177,000 in September 2019, which was around 30% below the average September 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

25 MILL MOOR WAY Sold Prices

Land registry data shows two sales for 25 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 25 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
2019 24 SEP	£177,000	£254,667	30% below HPI
2013 20 NOV	£141,000	£186,894	25% below HPI

25 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 25 MILL MOOR WAY sales from November 2013 and September 2019 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 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 25 MILL MOOR WAY?

25 MILL MOOR WAY is 57m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 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 25 MILL MOOR WAY lies on this distribution: 2% of detached houses are smaller than 25 MILL MOOR WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

25 MILL MOOR WAY: Plot and Title Map

25 MILL MOOR WAY sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 25 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 25 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 25 MILL MOOR WAY?

25 MILL MOOR WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 25 on MILL MOOR WAY.