7, CRANBOURNE CHASE, NORTH HYKEHAM, LINCOLN, LN6 9TX - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 CRANBOURNE CHASE is a very large extended detached house of 180m², built sometime from 2007 onwards. It was last sold for £340,000 in October 2019, which was around 34% above the average October 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

7 CRANBOURNE CHASE Sold Prices

Land registry data shows three sales for 7 CRANBOURNE CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 7 CRANBOURNE CHASE 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
2019 25 OCT	£340,000	£254,391	34% above HPI
2009 3 FEB	£205,000	£162,091	26% above HPI
2002 5 APR	£165,000	£98,015	68% above HPI

7 CRANBOURNE CHASE 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 three 7 CRANBOURNE CHASE sales between April 2002 and October 2019 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 February 2009 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2019 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 7 CRANBOURNE CHASE be worth now?

7 CRANBOURNE CHASE might now be worth an estimated £393,798.

This is based on house price inflation of 15.8%, between October 2019 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.8% inflationary increase is applied to the most recent sale price for 7 CRANBOURNE CHASE of £340,000 on 25th October 2019. For the value to have increased from £340,000 to £393,798 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 7 CRANBOURNE CHASE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2019 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CRANBOURNE CHASE has not materially changed since October 2019.

How Large is 7 CRANBOURNE CHASE?

7 CRANBOURNE CHASE is 180m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 7 CRANBOURNE CHASE lies on this distribution: 95% of detached houses houses are smaller than 7 CRANBOURNE CHASE, and 5% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

7 CRANBOURNE CHASE: Plot and Title Map

7 CRANBOURNE CHASE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 7 CRANBOURNE CHASE, 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 7 CRANBOURNE CHASE). 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 7 CRANBOURNE CHASE?

7 CRANBOURNE CHASE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 7 on CRANBOURNE CHASE.