48, FERROUS WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZN - £195,000

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

48 FERROUS WAY is a small detached house of 79m². It was last sold for £195,000 in August 2018, which was around 23% below the average August 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

48 FERROUS WAY Sold Prices

Land registry data shows two sales for 48 FERROUS 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 48 FERROUS 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
2018 29 AUG	£195,000	£253,242	23% below HPI
2014 15 DEC	£164,999	£201,662	18% below HPI

48 FERROUS 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 48 FERROUS WAY sales from December 2014 and August 2018 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 December 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 48 FERROUS WAY?

48 FERROUS WAY is 79m² according to the EPC inspection conducted in December 2014. 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 48 FERROUS WAY lies on this distribution: 20% of detached houses are smaller than 48 FERROUS WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

48 FERROUS WAY: Plot and Title Map

48 FERROUS WAY sits on a plot of roughly 22.6 acres, or 91,594m². The below map shows the location of 48 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 48 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 48 FERROUS WAY?

48 FERROUS WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 48 on FERROUS WAY.