8, MACMILLAN AVENUE, NORTH HYKEHAM, LINCOLN, LN6 9SA - £130,000

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

8 MACMILLAN AVENUE is a very large detached house of 141m², built sometime between 1976 and 1982. It was last sold for £130,000 in July 2008, which was around 33% below the average July 2008 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

8 MACMILLAN AVENUE Sold Prices

Land registry data shows two sales for 8 MACMILLAN AVENUE 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 8 MACMILLAN AVENUE 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
2008 7 JUL	£130,000	£193,652	33% below HPI
2007 18 SEP	£100,000	£204,191	51% below HPI

8 MACMILLAN AVENUE 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 8 MACMILLAN AVENUE sales from September 2007 and July 2008 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 2007 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the July 2008 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 MACMILLAN AVENUE?

8 MACMILLAN AVENUE is 141m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% 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 8 MACMILLAN AVENUE lies on this distribution: 84% of detached houses are smaller than 8 MACMILLAN AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

8 MACMILLAN AVENUE: Plot and Title Map

8 MACMILLAN AVENUE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 8 MACMILLAN AVENUE, 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 8 MACMILLAN AVENUE). 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 8 MACMILLAN AVENUE?

8 MACMILLAN AVENUE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 8 on MACMILLAN AVENUE.