40, MEADOW LANE, NORTH HYKEHAM, LINCOLN, LN6 9RQ - £138,000

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

40 MEADOW LANE is a small semi-detached house of 89m², built sometime between 1950 and 1966. It was last sold for £138,000 in September 2015, which was around 35% below the average September 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

40 MEADOW LANE Sold Prices

Land registry data shows three sales for 40 MEADOW LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 40 MEADOW LANE sales were for below 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
2015 28 SEP	£138,000	£212,724	35% below HPI
2007 16 NOV	£120,000	£198,206	39% below HPI
2003 24 MAR	£46,000	£135,197	66% below HPI

40 MEADOW LANE 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 three 40 MEADOW LANE sales between March 2003 and September 2015 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 November 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2015 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 40 MEADOW LANE?

40 MEADOW LANE is 89m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% 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 40 MEADOW LANE lies on this distribution: 32% of detached houses are smaller than 40 MEADOW LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

40 MEADOW LANE: Plot and Title Map

40 MEADOW LANE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 40 MEADOW LANE, 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 MEADOW LANE). 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 MEADOW LANE?

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