34, NERO WAY, NORTH HYKEHAM, LINCOLN, LN6 8JP - £201,000

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

34 NERO WAY is a midsized detached house of 107m², built sometime between 2003 and 2006. It was last sold for £201,000 in May 2017, which was around 15% below the average May 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

34 NERO WAY Sold Prices

Land registry data shows two sales for 34 NERO 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. One of the two 34 NERO WAY sales was for below the average price, whilst the other was 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 15 MAY	£201,000	£237,856	15% below HPI
2009 27 MAR	£195,000	£166,770	17% above HPI

34 NERO 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 34 NERO WAY sales from March 2009 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 March 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 34 NERO WAY?

34 NERO WAY is 107m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% 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 NERO WAY lies on this distribution: 54% of detached houses are smaller than 34 NERO WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

34 NERO WAY: Plot and Title Map

34 NERO WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 34 NERO 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 NERO 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 34 NERO WAY?

34 NERO WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 34 on NERO WAY.