5, VICTOR DRIVE, NORTH HYKEHAM, LINCOLN, LN6 9SD - £144,000

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 VICTOR DRIVE is a small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £144,000 in October 2018, which was around 44% below the average October 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

5 VICTOR DRIVE Sold Prices

Land registry data shows three sales for 5 VICTOR DRIVE 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 VICTOR DRIVE 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
2018 24 OCT	£144,000	£255,395	44% below HPI
2018 28 AUG	£130,000	£253,242	49% below HPI
2015 23 NOV	£165,000	£211,957	22% below HPI

5 VICTOR DRIVE 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 VICTOR DRIVE sales between November 2015 and October 2018 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 August 2018 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2018 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 5 VICTOR DRIVE?

5 VICTOR DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% 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 VICTOR DRIVE lies on this distribution: 25% of detached houses are smaller than 5 VICTOR DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

5 VICTOR DRIVE: Plot and Title Map

5 VICTOR DRIVE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 5 VICTOR DRIVE, 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 VICTOR DRIVE). 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 VICTOR DRIVE?

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