29, VESPASIAN WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZZ - £238,000

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

29 VESPASIAN WAY is a small detached house of 87m². It was last sold for £238,000 in June 2021, which was around 14% below the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

29 VESPASIAN WAY Sold Prices

Land registry data shows two sales for 29 VESPASIAN 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 29 VESPASIAN 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
2021 21 JUN	£238,000	£275,516	14% below HPI
2017 31 MAR	£219,995	£231,492	5% below HPI

29 VESPASIAN 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 29 VESPASIAN WAY sales from March 2017 and June 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 March 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 29 VESPASIAN WAY?

29 VESPASIAN WAY is 87m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% 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 29 VESPASIAN WAY lies on this distribution: 30% of detached houses are smaller than 29 VESPASIAN WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

29 VESPASIAN WAY: Plot and Title Map

29 VESPASIAN WAY sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 29 VESPASIAN 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 29 VESPASIAN 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 29 VESPASIAN WAY?

29 VESPASIAN WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 29 on VESPASIAN WAY.