26, NERO WAY, NORTH HYKEHAM, LINCOLN, LN6 8JP - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

26 NERO WAY is a large detached house of 114m², built sometime between 2007 and 2011, which could now be worth an estimated £272,988. It was last sold for £270,000 in August 2023, which was around 10% below the average August 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

26 NERO WAY Sold Prices

Land registry data shows two sales for 26 NERO 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. One of the two 26 NERO WAY sales was for below the average price, whilst the other was roughly equal to 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
2023 17 AUG	£270,000	£299,435	10% below HPI
2010 24 SEP	£185,220	£184,538	Close to HPI

26 NERO 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 26 NERO WAY sales from September 2010 and August 2023 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 September 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 26 NERO WAY be worth now?

26 NERO WAY might now be worth an estimated £272,988.

This is based on house price inflation of 1.1%, between August 2023 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for 26 NERO WAY of £270,000 on 17th August 2023. For the value to have increased from £270,000 to £272,988 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 26 NERO WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 26 NERO WAY has not materially changed since August 2023.

How Large is 26 NERO WAY?

26 NERO WAY is 114m² according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 26 NERO WAY lies on this distribution: 63% of detached houses houses are smaller than 26 NERO WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

26 NERO WAY: Plot and Title Map

26 NERO WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 26 NERO 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 26 NERO 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 26 NERO WAY?

26 NERO WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 26 on NERO WAY.