41, CHESTNUT ROAD, NORTH HYKEHAM, LINCOLN, LN6 8LS - £142,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 CHESTNUT ROAD is a small extended semi-detached house of 83m², built sometime between 1950 and 1966. It was last sold for £142,000 in May 2011, which was around 20% below the average May 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

41 CHESTNUT ROAD Sold Prices

Land registry data shows three sales for 41 CHESTNUT ROAD 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 41 CHESTNUT ROAD 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
2011 6 MAY	£142,000	£177,723	20% below HPI
2006 17 NOV	£144,950	£188,124	23% below HPI
1995 25 MAY	£49,000	£62,642	22% below HPI

41 CHESTNUT ROAD 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 41 CHESTNUT ROAD sales between May 1995 and May 2011 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 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2011 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 41 CHESTNUT ROAD?

41 CHESTNUT ROAD is 83m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 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 41 CHESTNUT ROAD lies on this distribution: 27% of detached houses are smaller than 41 CHESTNUT ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

41 CHESTNUT ROAD: Plot and Title Map

41 CHESTNUT ROAD sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 41 CHESTNUT ROAD, 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 41 CHESTNUT ROAD). 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 41 CHESTNUT ROAD?

41 CHESTNUT ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 41 on CHESTNUT ROAD.