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

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 OTHO WAY is a large detached house of 124m². It was last sold for £287,500 in August 2019, which was around 14% 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	£251,679	14% above HPI
2017 9 JAN	£255,000	£225,775	13% above HPI
2014 5 DEC	£250,000	£201,662	24% 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2019 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

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 in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 8 OTHO WAY lies on this distribution: 71% of detached 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.