6, BUTTERCUP WAY, NORTH HYKEHAM, LINCOLN, LN6 9FX - £375,000

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

6 BUTTERCUP WAY is a large detached house of 129m², built sometime between 2007 and 2011. It was last sold for £375,000 in November 2022, which was around 15% above the average November 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

6 BUTTERCUP WAY Sold Prices

Land registry data shows two sales for 6 BUTTERCUP 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 6 BUTTERCUP WAY 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
2022 10 NOV	£375,000	£324,773	15% above HPI
2015 9 JAN	£247,500	£201,442	23% above HPI

6 BUTTERCUP 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 6 BUTTERCUP WAY sales from January 2015 and November 2022 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 January 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 6 BUTTERCUP WAY?

6 BUTTERCUP WAY is 129m² according to the EPC inspection conducted in September 2022. 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 6 BUTTERCUP WAY lies on this distribution: 76% of detached houses are smaller than 6 BUTTERCUP WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

6 BUTTERCUP WAY: Plot and Title Map

6 BUTTERCUP WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 6 BUTTERCUP 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 6 BUTTERCUP 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 6 BUTTERCUP WAY?

6 BUTTERCUP WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 6 on BUTTERCUP WAY.