58, RICHMOND DRIVE, NORTH HYKEHAM, LINCOLN, LN6 8QY - £190,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

58 RICHMOND DRIVE is a midsized detached house of 100m², built sometime between 2003 and 2006. It was last sold for £190,000 in October 2018, which was around 26% below the average October 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

58 RICHMOND DRIVE Sold Prices

Land registry data shows four sales for 58 RICHMOND DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 58 RICHMOND 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 12 OCT	£190,000	£255,395	26% below HPI
2017 22 MAY	£169,950	£237,856	29% below HPI
2013 27 AUG	£142,000	£185,838	24% below HPI
2006 30 JUN	£170,000	£183,174	7% below HPI

58 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 four 58 RICHMOND DRIVE sales between June 2006 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 May 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 58 RICHMOND DRIVE?

58 RICHMOND DRIVE is 100m² according to the EPC inspection conducted in February 2013. 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 58 RICHMOND DRIVE lies on this distribution: 45% of detached houses are smaller than 58 RICHMOND DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

58 RICHMOND DRIVE: Plot and Title Map

58 RICHMOND DRIVE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 58 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 58 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 58 RICHMOND DRIVE?

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