35, RICHMOND DRIVE, NORTH HYKEHAM, LINCOLN, LN6 8QY - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

35 RICHMOND DRIVE is a very large detached house of 153m², built sometime between 2003 and 2006, which could now be worth an estimated £368,790. It was last sold for £285,000 in April 2018, which was around 20% above the average April 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

35 RICHMOND DRIVE Sold Prices

Land registry data shows four sales for 35 RICHMOND DRIVE since 1^st 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 35 RICHMOND DRIVE 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
2018 16 APR	£285,000	£237,895	20% above HPI
2017 8 SEP	£250,000	£231,243	8% above HPI
2012 23 JUL	£225,000	£176,761	27% above HPI
2006 29 SEP	£269,995	£185,224	46% above HPI

35 RICHMOND DRIVE 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 four 35 RICHMOND DRIVE sales between September 2006 and April 2018 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 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 35 RICHMOND DRIVE be worth now?

35 RICHMOND DRIVE might now be worth an estimated £368,790.

This is based on house price inflation of 29.4%, between April 2018 and March 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.4% inflationary increase is applied to the most recent sale price for 35 RICHMOND DRIVE of £285,000 on 16th April 2018. For the value to have increased from £285,000 to £368,790 over the seven years and one month to March 2025, the following assumptions must hold true:

• The value of 35 RICHMOND DRIVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 35 RICHMOND DRIVE has not materially changed since April 2018.

How Large is 35 RICHMOND DRIVE?

35 RICHMOND DRIVE is 153m² according to the EPC inspection conducted in September 2009. This puts it in the largest 20% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 35 RICHMOND DRIVE lies on this distribution: 88% of detached houses houses are smaller than 35 RICHMOND DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

35 RICHMOND DRIVE: Plot and Title Map

35 RICHMOND DRIVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 35 RICHMOND DRIVE, 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 35 RICHMOND DRIVE). 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 35 RICHMOND DRIVE?

35 RICHMOND DRIVE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 35 on RICHMOND DRIVE.