38, GRANDFIELD WAY, NORTH HYKEHAM, LINCOLN, LN6 9NZ - £243,000

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

38 GRANDFIELD WAY is a large detached house of 130m², built sometime between 2003 and 2006. It was last sold for £243,000 in January 2014, which was around 31% above the average January 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

38 GRANDFIELD WAY Sold Prices

Land registry data shows two sales for 38 GRANDFIELD 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. Both of the two 38 GRANDFIELD 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
2014 31 JAN	£243,000	£184,900	31% above HPI
2007 10 OCT	£267,450	£200,012	34% above HPI

38 GRANDFIELD 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 38 GRANDFIELD WAY sales from October 2007 and January 2014 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 October 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 38 GRANDFIELD WAY?

38 GRANDFIELD WAY is 130m² according to the EPC inspection conducted in February 2011. 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 38 GRANDFIELD WAY lies on this distribution: 77% of detached houses are smaller than 38 GRANDFIELD WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

38 GRANDFIELD WAY: Plot and Title Map

38 GRANDFIELD WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 38 GRANDFIELD 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 38 GRANDFIELD 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 38 GRANDFIELD WAY?

38 GRANDFIELD WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 38 on GRANDFIELD WAY.