53, RICHMOND DRIVE, NORTH HYKEHAM, LINCOLN, LN6 8QY - £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

53 RICHMOND DRIVE is a large detached house of 129m², built sometime between 2003 and 2006. It was last sold for £285,000 in May 2021, which was around 5% above the average May 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

53 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 53 RICHMOND DRIVE 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 53 RICHMOND DRIVE 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
2021 6 MAY	£285,000	£271,609	5% above HPI
2006 31 MAR	£189,995	£173,728	9% above HPI

53 RICHMOND 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 two 53 RICHMOND DRIVE sales from March 2006 and May 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 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 53 RICHMOND DRIVE?

53 RICHMOND DRIVE is 129m² according to the EPC inspection conducted in September 2020. This puts it in the largest 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 53 RICHMOND DRIVE lies on this distribution: 76% of detached houses are smaller than 53 RICHMOND DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

53 RICHMOND DRIVE: Plot and Title Map

53 RICHMOND DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 53 RICHMOND 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 53 RICHMOND 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 53 RICHMOND DRIVE?

53 RICHMOND DRIVE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 53 on RICHMOND DRIVE.