58, OTHO WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZD - £204,000

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

58 OTHO WAY is a very small detached house of 77m². It was last sold for £204,000 in October 2020, which was around 23% below the average October 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

58 OTHO WAY Sold Prices

Land registry data shows two sales for 58 OTHO 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. Both of the two 58 OTHO WAY 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
2020 29 OCT	£204,000	£264,224	23% below HPI
2015 26 JUN	£184,995	£202,138	8% below HPI

58 OTHO 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 58 OTHO WAY sales from June 2015 and October 2020 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 June 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 58 OTHO WAY?

58 OTHO WAY is 77m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 58 OTHO WAY lies on this distribution: 17% of detached houses are smaller than 58 OTHO WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

58 OTHO WAY: Plot and Title Map

58 OTHO WAY sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 58 OTHO 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 58 OTHO 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 58 OTHO WAY?

58 OTHO WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 58 on OTHO WAY.