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

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

7 JUSTINIAN WAY is a large detached house of 125m². It was last sold for £365,000 in June 2022, which was around 20% 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	£304,345	20% above HPI
2019 27 AUG	£295,000	£251,679	17% above HPI
2014 31 JAN	£237,500	£184,900	28% 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

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 in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 7 JUSTINIAN WAY lies on this distribution: 72% of detached 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.