38, RICHMOND DRIVE, NORTH HYKEHAM, LINCOLN, LN6 8QY - £250,000

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 RICHMOND DRIVE is a very large detached house of 155m², built sometime between 2003 and 2006. It was last sold for £250,000 in March 2017, which was around 8% above the average March 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

38 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 38 RICHMOND DRIVE 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 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
2017 17 MAR	£250,000	£231,492	8% above HPI
2006 29 SEP	£249,995	£187,600	33% above HPI

38 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 two 38 RICHMOND DRIVE sales from September 2006 and March 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 September 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 38 RICHMOND DRIVE?

38 RICHMOND DRIVE is 155m² according to the EPC inspection conducted in February 2017. This puts it in the largest 20% 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 RICHMOND DRIVE lies on this distribution: 89% of detached houses are smaller than 38 RICHMOND DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

38 RICHMOND DRIVE: Plot and Title Map

38 RICHMOND DRIVE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 38 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 38 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 38 RICHMOND DRIVE?

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