7, THORPE LANE, SOUTH HYKEHAM, LINCOLN, LN6 9NW - £465,000

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 THORPE LANE is a very large extended detached house of 279m², built sometime between 1996 and 2002. It was last sold for £465,000 in July 2016, which was around 108% above the average July 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was C.

7 THORPE LANE Sold Prices

Land registry data shows two sales for 7 THORPE LANE since 1^st 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 7 THORPE LANE 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
2016 20 JUL	£465,000	£223,262	108% above HPI
2002 9 MAY	£275,000	£101,539	171% above HPI

7 THORPE LANE 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 two 7 THORPE LANE sales from May 2002 and July 2016 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 2002 sale was for 171% above the HPI. So the extrapolation line tracks at 171% above the HPI over time, until the July 2016 sale, where it falls to 108% above the HPI. The line then continues to track at 108% above the HPI.

How Large is 7 THORPE LANE?

7 THORPE LANE is 279m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses in South Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in South Hykeham, and where 7 THORPE LANE lies on this distribution: 95% of detached houses are smaller than 7 THORPE LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in South Hykeham.

7 THORPE LANE: Plot and Title Map

7 THORPE LANE sits on a plot of roughly 0.232 of an acre, or 939m². The below map shows the location of 7 THORPE LANE, 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 THORPE LANE). 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 THORPE LANE?

7 THORPE LANE is located in SOUTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 7 on THORPE LANE.