8, TACITUS WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZE - £265,000

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 TACITUS WAY is a very small detached house of 77m². It was last sold for £265,000 in March 2024, which was around 12% below the average March 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

8 TACITUS WAY Sold Prices

Land registry data shows four sales for 8 TACITUS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. The four 8 TACITUS WAY sales were a mix of below the average price, and roughly equal to 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
2024 22 MAR	£265,000	£299,653	12% below HPI
2016 30 MAR	£185,000	£216,837	15% below HPI
2015 22 DEC	£198,000	£211,694	6% below HPI
2013 20 DEC	£186,500	£185,763	Close to HPI

8 TACITUS 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 four 8 TACITUS WAY sales between December 2013 and March 2024 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 March 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 TACITUS WAY?

8 TACITUS WAY is 77m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 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 TACITUS WAY lies on this distribution: 17% of detached houses are smaller than 8 TACITUS WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

8 TACITUS WAY: Plot and Title Map

8 TACITUS WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 8 TACITUS 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 TACITUS 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 TACITUS WAY?

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