7, JUSTINIAN WAY, NORTH HYKEHAM, LINCOLN, LN6 9YZ - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 JUSTINIAN WAY is a large detached house of 125m², which could now be worth an estimated £367,744. It was last sold for £365,000 in June 2022, which was around 21% above the average June 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was C.

7 JUSTINIAN WAY Sold Prices

Land registry data shows three sales for 7 JUSTINIAN WAY 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 JUSTINIAN 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 22 JUN	£365,000	£300,490	21% above HPI
2019 27 AUG	£295,000	£248,492	19% above HPI
2014 31 JAN	£237,500	£182,558	30% above HPI

7 JUSTINIAN 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 three 7 JUSTINIAN WAY sales between January 2014 and June 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 August 2019 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 7 JUSTINIAN WAY be worth now?

7 JUSTINIAN WAY might now be worth an estimated £367,744.

This is based on house price inflation of 0.8%, between June 2022 and February 2025, 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 0.8% inflationary increase is applied to the most recent sale price for 7 JUSTINIAN WAY of £365,000 on 22nd June 2022. For the value to have increased from £365,000 to £367,744 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 7 JUSTINIAN WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 7 JUSTINIAN WAY has not materially changed since June 2022.

How Large is 7 JUSTINIAN WAY?

7 JUSTINIAN WAY is 125m² according to the EPC inspection conducted in November 2013. This puts it in the largest 30% 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 JUSTINIAN WAY lies on this distribution: 72% of detached houses houses are smaller than 7 JUSTINIAN WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

7 JUSTINIAN WAY: Plot and Title Map

7 JUSTINIAN WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 7 JUSTINIAN 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 7 JUSTINIAN 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 7 JUSTINIAN WAY?

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