71, NERO WAY, NORTH HYKEHAM, LINCOLN, LN6 8JP - £264,950

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

71 NERO WAY is a midsized detached house of 111m², built sometime from 2007 onwards. It was last sold for £264,950 in June 2021, which was around 4% below the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

71 NERO WAY Sold Prices

Land registry data shows two sales for 71 NERO WAY 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 71 NERO WAY sales were for below 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
2021 23 JUN	£264,950	£275,516	4% below HPI
2010 19 FEB	£174,950	£184,673	5% below HPI

71 NERO 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 two 71 NERO WAY sales from February 2010 and June 2021 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 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 71 NERO WAY?

71 NERO WAY is 111m² according to the EPC inspection conducted in August 2020. 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 71 NERO WAY lies on this distribution: 59% of detached houses are smaller than 71 NERO WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

71 NERO WAY: Plot and Title Map

71 NERO WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 71 NERO 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 71 NERO 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 71 NERO WAY?

71 NERO WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 71 on NERO WAY.