3, JOHNSONS LANE, NORTH HYKEHAM, LINCOLN, LN6 8RH - £285,000

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

3 JOHNSONS LANE is a very large detached house of 134m², built sometime from 2007 onwards. It was last sold for £285,000 in January 2021, which was around 4% above the average January 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

3 JOHNSONS LANE Sold Prices

Land registry data shows three sales for 3 JOHNSONS LANE 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. Two of the three 3 JOHNSONS LANE sales were for above the average price, whilst one 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
2021 22 JAN	£285,000	£272,907	4% above HPI
2018 3 DEC	£250,000	£257,372	3% below HPI
2007 7 DEC	£225,000	£195,111	15% above HPI

3 JOHNSONS 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 three 3 JOHNSONS LANE sales between December 2007 and January 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 December 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 JOHNSONS LANE?

3 JOHNSONS LANE is 134m² according to the EPC inspection conducted in July 2018. 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 3 JOHNSONS LANE lies on this distribution: 80% of detached houses are smaller than 3 JOHNSONS LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

3 JOHNSONS LANE: Plot and Title Map

3 JOHNSONS LANE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 3 JOHNSONS 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 3 JOHNSONS 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 3 JOHNSONS LANE?

3 JOHNSONS LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 3 on JOHNSONS LANE.