25, WATER LANE, NORTH HYKEHAM, LINCOLN, LN6 9QT - £178,000

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

25 WATER LANE is a small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £178,000 in March 2013, which was about the average March 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

25 WATER LANE Sold Prices

Land registry data shows two sales for 25 WATER 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 25 WATER LANE sales was roughly equal to 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
2013 28 MAR	£178,000	£177,131	Close to HPI
2006 30 MAY	£135,500	£181,429	25% below HPI

25 WATER 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 25 WATER LANE sales from May 2006 and March 2013 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 May 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2013 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 25 WATER LANE?

25 WATER LANE is 93m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% 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 WATER LANE lies on this distribution: 37% of detached houses are smaller than 25 WATER LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

25 WATER LANE: Plot and Title Map

25 WATER LANE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 25 WATER 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 25 WATER 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 25 WATER LANE?

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