44, NERO WAY, NORTH HYKEHAM, LINCOLN, LN6 8JP - £295,000

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

44 NERO WAY is a midsized extended detached house of 102m², built sometime between 2007 and 2011. It was last sold for £295,000 in February 2023, which was around 6% below the average February 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

44 NERO WAY Sold Prices

Land registry data shows two sales for 44 NERO WAY 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 44 NERO WAY 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
2023 3 FEB	£295,000	£312,630	6% below HPI
2009 26 JUN	£160,000	£170,844	6% below HPI

44 NERO WAY 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 44 NERO WAY sales from June 2009 and February 2023 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 June 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2023 sale, which was also at 6% below the HPI.

How Large is 44 NERO WAY?

44 NERO WAY is 102m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% 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 44 NERO WAY lies on this distribution: 49% of detached houses are smaller than 44 NERO WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

44 NERO WAY: Plot and Title Map

44 NERO WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 44 NERO 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 44 NERO 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 44 NERO WAY?

44 NERO WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 44 on NERO WAY.