5, OCTAVIAN CRESCENT, NORTH HYKEHAM, LINCOLN, LN6 8HJ - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 OCTAVIAN CRESCENT is a midsized detached house of 109m², built sometime between 2007 and 2011. It was last sold for £225,000 in August 2021, which was around 19% below the average August 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

5 OCTAVIAN CRESCENT Sold Prices

Land registry data shows three sales for 5 OCTAVIAN CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 5 OCTAVIAN CRESCENT 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
2021 27 AUG	£225,000	£278,721	19% below HPI
2021 26 MAR	£235,000	£269,432	13% below HPI
2010 27 JUL	£179,950	£181,709	1% below HPI

5 OCTAVIAN CRESCENT 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 three 5 OCTAVIAN CRESCENT sales between July 2010 and August 2021 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 2021 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 OCTAVIAN CRESCENT be worth now?

5 OCTAVIAN CRESCENT might now be worth an estimated £237,853.

This is based on house price inflation of 5.7%, between August 2021 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% inflationary increase is applied to the most recent sale price for 5 OCTAVIAN CRESCENT of £225,000 on 27th August 2021. For the value to have increased from £225,000 to £237,853 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 OCTAVIAN CRESCENT has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OCTAVIAN CRESCENT has not materially changed since August 2021.

How Large is 5 OCTAVIAN CRESCENT?

5 OCTAVIAN CRESCENT is 109m² according to the EPC inspection conducted in November 2020. This puts it in the largest 50% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 5 OCTAVIAN CRESCENT lies on this distribution: 56% of detached houses houses are smaller than 5 OCTAVIAN CRESCENT, and 42% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

5 OCTAVIAN CRESCENT: Plot and Title Map

5 OCTAVIAN CRESCENT sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 5 OCTAVIAN CRESCENT, 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 OCTAVIAN CRESCENT). 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 OCTAVIAN CRESCENT?

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