25, RICHMOND DRIVE, NORTH HYKEHAM, LINCOLN, LN6 8QY - £290,000

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 RICHMOND DRIVE is a very large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £290,000 in February 2021, which was around 6% above the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

25 RICHMOND DRIVE Sold Prices

Land registry data shows three sales for 25 RICHMOND DRIVE 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 25 RICHMOND DRIVE 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
2021 2 FEB	£290,000	£273,488	6% above HPI
2018 15 JUN	£255,000	£249,046	2% above HPI
2006 27 OCT	£239,995	£189,977	26% above HPI

25 RICHMOND DRIVE 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 25 RICHMOND DRIVE sales between October 2006 and February 2021 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 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 25 RICHMOND DRIVE?

25 RICHMOND DRIVE is 142m² according to the EPC inspection conducted in June 2017. This puts it in the largest 20% 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 RICHMOND DRIVE lies on this distribution: 84% of detached houses are smaller than 25 RICHMOND DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

25 RICHMOND DRIVE: Plot and Title Map

25 RICHMOND DRIVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 25 RICHMOND DRIVE, 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 RICHMOND DRIVE). 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 RICHMOND DRIVE?

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