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
48 STATION ROAD is a very large extended detached house of 137m², built sometime between 1900 and 1929. It was last sold for £325,000 in March 2022, which was around 9% above the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 48 STATION ROAD since 1st 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 STATION ROAD 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 |
---|---|---|---|
2022 23 MAR | £325,000 | £298,804 | 9% above HPI |
2000 20 APR | £85,000 | £75,719 | 12% above HPI |
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 STATION ROAD sales from April 2000 and March 2022 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 April 2000 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.
48 STATION ROAD is 137m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% 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 STATION ROAD lies on this distribution: 83% of detached houses are smaller than 48 STATION ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
48 STATION ROAD sits on a plot of roughly 0.209 of an acre, or 848m². The below map shows the location of 48 STATION 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 48 STATION 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.
48 STATION ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 48 on STATION ROAD.