5, ROWAN ROAD, NORTH HYKEHAM, LINCOLN, LN6 8LY - £285,000

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 ROWAN ROAD is a midsized extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £285,000 in December 2023, which was around 5% below the average December 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

5 ROWAN ROAD Sold Prices

Land registry data shows three sales for 5 ROWAN ROAD 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 ROWAN ROAD 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
2023 15 DEC	£285,000	£300,534	5% below HPI
2007 20 DEC	£184,000	£195,111	6% below HPI
1995 15 DEC	£59,950	£61,149	2% below HPI

5 ROWAN ROAD 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 ROWAN ROAD sales between December 1995 and December 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 December 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 ROWAN ROAD?

5 ROWAN ROAD is 98m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 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 ROWAN ROAD lies on this distribution: 43% of detached houses are smaller than 5 ROWAN ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

5 ROWAN ROAD: Plot and Title Map

5 ROWAN ROAD sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 5 ROWAN 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 5 ROWAN 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.

Where is 5 ROWAN ROAD?

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