4, FERROUS WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZN - £165,750

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.

4 FERROUS WAY is a very small semi-detached house of 69m², which could now be worth an estimated £200,516. It was last sold for £165,750 in July 2020, which was around 2% below the average July 2020 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was A.

4 FERROUS WAY Sold Prices

Land registry data shows two sales for 4 FERROUS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 4 FERROUS 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
2020 15 JUL	£165,750	£168,469	2% below HPI
2014 29 AUG	£139,999	£128,907	9% above HPI

4 FERROUS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 4 FERROUS WAY sales from August 2014 and July 2020 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 August 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 4 FERROUS WAY be worth now?

4 FERROUS WAY might now be worth an estimated £200,516.

This is based on house price inflation of 21%, between July 2020 and February 2025, for semi-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 21% inflationary increase is applied to the most recent sale price for 4 FERROUS WAY of £165,750 on 15th July 2020. For the value to have increased from £165,750 to £200,516 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 4 FERROUS WAY has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The July 2020 sale price of £165,750 represented a fair market value for the property.
• The size, condition, and specification of 4 FERROUS WAY has not materially changed since July 2020.

How Large is 4 FERROUS WAY?

4 FERROUS WAY is 69m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of semi-detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Hykeham, and where 4 FERROUS WAY lies on this distribution: 9% of semi-detached houses houses are smaller than 4 FERROUS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

4 FERROUS WAY: Plot and Title Map

4 FERROUS WAY sits on a plot of roughly 22.6 acres, or 91,307m². The below map shows the location of 4 FERROUS 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 4 FERROUS 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 4 FERROUS WAY?

4 FERROUS WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 4 on FERROUS WAY.