3, MACMILLAN AVENUE, NORTH HYKEHAM, LINCOLN, LN6 9SA - £170,000

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 MACMILLAN AVENUE is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £170,000 in April 2021, which was around 38% below the average April 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

3 MACMILLAN AVENUE Sold Prices

Land registry data shows three sales for 3 MACMILLAN AVENUE 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. All of the three 3 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
2021 23 APR	£170,000	£273,517	38% below HPI
2012 7 SEP	£144,950	£179,422	19% below HPI
1997 11 AUG	£44,500	£66,529	33% below HPI

3 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 three 3 MACMILLAN AVENUE sales between August 1997 and April 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 September 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 3 MACMILLAN AVENUE?

3 MACMILLAN AVENUE is 65m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 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 MACMILLAN AVENUE lies on this distribution: 7% of detached houses are smaller than 3 MACMILLAN AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

3 MACMILLAN AVENUE: Plot and Title Map

3 MACMILLAN AVENUE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 3 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 3 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 3 MACMILLAN AVENUE?

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