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
34 DORCHESTER WAY is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £370,000 in November 2022, which was around 14% above the average November 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 34 DORCHESTER WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 34 DORCHESTER 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 |
---|---|---|---|
2022 25 NOV | £370,000 | £324,773 | 14% above HPI |
2008 27 FEB | £240,000 | £188,650 | 27% above HPI |
2005 12 MAY | £228,000 | £178,881 | 27% above HPI |
2002 15 MAR | £137,950 | £98,131 | 41% above HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 34 DORCHESTER WAY sales between March 2002 and November 2022 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 2008 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.
34 DORCHESTER WAY is 130m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 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 34 DORCHESTER WAY lies on this distribution: 77% of detached houses are smaller than 34 DORCHESTER WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
34 DORCHESTER WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 34 DORCHESTER 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 34 DORCHESTER 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.
34 DORCHESTER WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 34 on DORCHESTER WAY.