8, OTHO WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZD - £287,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 OTHO WAY is a large detached house of 124m². It was last sold for £287,500 in August 2019, which was around 16% above the average August 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was A.

8 OTHO WAY Sold Prices

Land registry data shows three sales for 8 OTHO 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 8 OTHO 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
2019 12 AUG	£287,500	£248,492	16% above HPI
2017 9 JAN	£255,000	£222,916	14% above HPI
2014 5 DEC	£250,000	£199,108	26% above HPI

8 OTHO 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 8 OTHO WAY sales between December 2014 and August 2019 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 January 2017 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 OTHO WAY be worth now?

8 OTHO WAY might now be worth an estimated £340,896.

This is based on house price inflation of 18.6%, between August 2019 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 8 OTHO WAY of £287,500 on 12th August 2019. For the value to have increased from £287,500 to £340,896 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 OTHO WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2019 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 8 OTHO WAY has not materially changed since August 2019.

How Large is 8 OTHO WAY?

8 OTHO WAY is 124m² according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 8 OTHO WAY lies on this distribution: 71% of detached houses houses are smaller than 8 OTHO WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

8 OTHO WAY: Plot and Title Map

8 OTHO WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 8 OTHO 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 8 OTHO 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 8 OTHO WAY?

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