3, THE BIRCHES, SOUTH HYKEHAM, LINCOLN, LN6 9NR - £299,500

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 THE BIRCHES is a midsized extended detached house of 129m², built sometime between 1983 and 1990. It was last sold for £299,500 in May 2017, which was around 26% above the average May 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

3 THE BIRCHES Sold Prices

Land registry data shows three sales for 3 THE BIRCHES 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 THE BIRCHES 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
2017 12 MAY	£299,500	£237,856	26% above HPI
2007 28 FEB	£217,000	£190,020	14% above HPI
2002 4 SEP	£179,995	£117,288	53% above HPI

3 THE BIRCHES 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 THE BIRCHES sales between September 2002 and May 2017 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 February 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 3 THE BIRCHES?

3 THE BIRCHES is 129m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of detached houses in South Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in South Hykeham, and where 3 THE BIRCHES lies on this distribution: 56% of detached houses are smaller than 3 THE BIRCHES, and 39% of houses are larger. Note that EPC data is not available for all properties in South Hykeham.

3 THE BIRCHES: Plot and Title Map

3 THE BIRCHES sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 3 THE BIRCHES, 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 THE BIRCHES). 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 THE BIRCHES?

3 THE BIRCHES is located in SOUTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 3 on THE BIRCHES.