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
63 BROADWAY is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £189,000 in May 2023, which was around 38% below the average May 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 63 BROADWAY since 1st 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 63 BROADWAY 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 |
---|---|---|---|
2023 16 MAY | £189,000 | £306,284 | 38% below HPI |
1995 11 MAY | £42,500 | £62,642 | 32% below HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 63 BROADWAY sales from May 1995 and May 2023 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 1995 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
63 BROADWAY is 55m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% 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 63 BROADWAY lies on this distribution: 1% of detached houses are smaller than 63 BROADWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
63 BROADWAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 63 BROADWAY, 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 63 BROADWAY). 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.
63 BROADWAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 63 on BROADWAY.