5, CLEVELAND AVENUE, NORTH HYKEHAM, LINCOLN, LN6 9TH - £320,000

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 CLEVELAND AVENUE is a midsized detached house of 109m², built sometime between 1996 and 2002. It was last sold for £320,000 in July 2022, which was around 3% above the average July 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

5 CLEVELAND AVENUE Sold Prices

Land registry data shows two sales for 5 CLEVELAND AVENUE 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 5 CLEVELAND AVENUE 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 25 JUL	£320,000	£310,547	3% above HPI
2000 31 MAR	£93,950	£74,351	26% above HPI

5 CLEVELAND AVENUE 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 5 CLEVELAND AVENUE sales from March 2000 and July 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 March 2000 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 5 CLEVELAND AVENUE?

5 CLEVELAND AVENUE is 109m² according to the EPC inspection conducted in February 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 CLEVELAND AVENUE lies on this distribution: 56% of detached houses are smaller than 5 CLEVELAND AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

5 CLEVELAND AVENUE: Plot and Title Map

5 CLEVELAND AVENUE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 5 CLEVELAND AVENUE, 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 CLEVELAND AVENUE). 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 CLEVELAND AVENUE?

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