5, BAKEWELL MEWS, NORTH HYKEHAM, LINCOLN, LN6 8TU - £293,000

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

5 BAKEWELL MEWS is a midsized extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £293,000 in July 2023, which was around 4% below the average July 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.

5 BAKEWELL MEWS Sold Prices

Land registry data shows five sales for 5 BAKEWELL MEWS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. The five 5 BAKEWELL MEWS sales were a mix of below the average price, roughly equal to the average price, and 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
2023 14 JUL	£293,000	£306,567	4% below HPI
2017 17 JUL	£237,000	£237,927	Close to HPI
2006 8 AUG	£172,000	£185,763	7% below HPI
2002 19 JUL	£124,000	£109,372	13% above HPI
1996 15 MAR	£74,995	£57,713	30% above HPI

5 BAKEWELL MEWS 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 five 5 BAKEWELL MEWS sales between March 1996 and July 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 July 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 5 BAKEWELL MEWS?

5 BAKEWELL MEWS is 108m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 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 5 BAKEWELL MEWS lies on this distribution: 56% of detached houses are smaller than 5 BAKEWELL MEWS, and 44% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

5 BAKEWELL MEWS: Plot and Title Map

5 BAKEWELL MEWS sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 5 BAKEWELL MEWS, 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 5 BAKEWELL MEWS). 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 5 BAKEWELL MEWS?

5 BAKEWELL MEWS is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 5 on BAKEWELL MEWS.