40, MATLOCK DRIVE, NORTH HYKEHAM, LINCOLN, LN6 8PR - £247,500

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.

40 MATLOCK DRIVE is a small extended semi-detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £294,666. It was last sold for £247,500 in November 2020, which was around 45% above the average November 2020 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

40 MATLOCK DRIVE Sold Prices

Land registry data shows two sales for 40 MATLOCK DRIVE 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. Both of the two 40 MATLOCK 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
2020 18 NOV	£247,500	£171,183	45% above HPI
2014 31 JAN	£125,000	£120,163	4% above HPI

40 MATLOCK DRIVE 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 40 MATLOCK DRIVE sales from January 2014 and November 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 January 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2020 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 40 MATLOCK DRIVE be worth now?

40 MATLOCK DRIVE might now be worth an estimated £294,666.

This is based on house price inflation of 19.1%, between November 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 19.1% inflationary increase is applied to the most recent sale price for 40 MATLOCK DRIVE of £247,500 on 18th November 2020. For the value to have increased from £247,500 to £294,666 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 40 MATLOCK DRIVE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The November 2020 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 40 MATLOCK DRIVE has not materially changed since November 2020.

How Large is 40 MATLOCK DRIVE?

40 MATLOCK DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% 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 40 MATLOCK DRIVE lies on this distribution: 30% of semi-detached houses houses are smaller than 40 MATLOCK DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

40 MATLOCK DRIVE: Plot and Title Map

40 MATLOCK DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 40 MATLOCK 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 40 MATLOCK 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 40 MATLOCK DRIVE?

40 MATLOCK DRIVE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 40 on MATLOCK DRIVE.