3, LONDINIUM WAY, NORTH HYKEHAM, LINCOLN, LN6 9LF - £275,000

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

3 LONDINIUM WAY is a very large detached house of 166m², built sometime between 2003 and 2006. It was last sold for £275,000 in July 2009, which was around 62% above the average July 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

3 LONDINIUM WAY Sold Prices

Land registry data shows two sales for 3 LONDINIUM 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 3 LONDINIUM WAY sales were for above 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
2009 16 JUL	£275,000	£169,921	62% above HPI
2005 18 NOV	£264,715	£178,849	48% above HPI

3 LONDINIUM 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 3 LONDINIUM WAY sales from November 2005 and July 2009 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 2005 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2009 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 3 LONDINIUM WAY?

3 LONDINIUM WAY is 166m² according to the EPC inspection conducted in November 2008. This puts it in the largest 10% 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 LONDINIUM WAY lies on this distribution: 93% of detached houses are smaller than 3 LONDINIUM WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

3 LONDINIUM WAY: Plot and Title Map

3 LONDINIUM WAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 3 LONDINIUM 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 3 LONDINIUM 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 3 LONDINIUM WAY?

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