5, LONDINIUM WAY, NORTH HYKEHAM, LINCOLN, LN6 9LF - £248,000

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

5 LONDINIUM WAY is a large detached house of 119m², built sometime between 2003 and 2006. It was last sold for £248,000 in June 2019, which was around 2% below the average June 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

5 LONDINIUM WAY Sold Prices

Land registry data shows two sales for 5 LONDINIUM 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. One of the two 5 LONDINIUM WAY sales was for below the average price, whilst the other was 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
2019 28 JUN	£248,000	£252,423	2% below HPI
2006 31 MAY	£210,900	£181,429	16% above HPI

5 LONDINIUM 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 5 LONDINIUM WAY sales from May 2006 and June 2019 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 May 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2019 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5 LONDINIUM WAY?

5 LONDINIUM WAY is 119m² according to the EPC inspection conducted in July 2011. This puts it in the largest 40% 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 LONDINIUM WAY lies on this distribution: 68% of detached houses are smaller than 5 LONDINIUM WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

5 LONDINIUM WAY: Plot and Title Map

5 LONDINIUM WAY sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 5 LONDINIUM 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 5 LONDINIUM 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 5 LONDINIUM WAY?

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