7, LOTUS COURT, NORTH HYKEHAM, LINCOLN, LN6 9UQ - £280,000

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

7 LOTUS COURT is a midsized extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £280,000 in October 2023, which was around 6% below the average October 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

7 LOTUS COURT Sold Prices

Land registry data shows three sales for 7 LOTUS COURT 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. One of the three 7 LOTUS COURT sales was for below the average price, whilst two 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
2023 25 OCT	£280,000	£298,735	6% below HPI
2005 9 SEP	£190,000	£178,724	6% above HPI
2001 25 MAY	£106,950	£83,308	28% above HPI

7 LOTUS COURT 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 LOTUS COURT sales between May 2001 and October 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 September 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 LOTUS COURT?

7 LOTUS COURT is 108m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% 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 LOTUS COURT lies on this distribution: 56% of detached houses are smaller than 7 LOTUS COURT, and 44% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

7 LOTUS COURT: Plot and Title Map

7 LOTUS COURT sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 7 LOTUS COURT, 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 LOTUS COURT). 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 LOTUS COURT?

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