28, MACMILLAN AVENUE, NORTH HYKEHAM, LINCOLN, LN6 9SA - £227,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

28 MACMILLAN AVENUE is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £229,273. It was last sold for £227,500 in July 2024, which was around 22% below the average July 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

28 MACMILLAN AVENUE Sold Prices

Land registry data shows two sales for 28 MACMILLAN AVENUE 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 28 MACMILLAN AVENUE 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
2024 26 JUL	£227,500	£292,364	22% below HPI
2020 6 NOV	£175,000	£262,939	33% below HPI

28 MACMILLAN AVENUE 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 28 MACMILLAN AVENUE sales from November 2020 and July 2024 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 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 28 MACMILLAN AVENUE be worth now?

28 MACMILLAN AVENUE might now be worth an estimated £229,273.

This is based on house price inflation of 0.8%, between July 2024 and December 2024, 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 0.8% inflationary increase is applied to the most recent sale price for 28 MACMILLAN AVENUE of £227,500 on 26th July 2024. For the value to have increased from £227,500 to £229,273 over the seven months to December 2024, the following assumptions must hold true:

• The value of 28 MACMILLAN AVENUE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The July 2024 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 28 MACMILLAN AVENUE has not materially changed since July 2024.

How Large is 28 MACMILLAN AVENUE?

28 MACMILLAN AVENUE is 70m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 20% 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 28 MACMILLAN AVENUE lies on this distribution: 10% of detached houses houses are smaller than 28 MACMILLAN AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

28 MACMILLAN AVENUE: Plot and Title Map

28 MACMILLAN AVENUE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 28 MACMILLAN AVENUE, 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 28 MACMILLAN AVENUE). 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 28 MACMILLAN AVENUE?

28 MACMILLAN AVENUE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 28 on MACMILLAN AVENUE.