93, VESPASIAN WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZZ - £165,000

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

93 VESPASIAN WAY is a very small detached house of 52m². It was last sold for £165,000 in April 2022, which was around 45% below the average April 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

93 VESPASIAN WAY Sold Prices

Land registry data shows two sales for 93 VESPASIAN 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 93 VESPASIAN 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
2022 8 APR	£165,000	£302,121	45% below HPI
2016 28 OCT	£131,995	£222,122	41% below HPI

93 VESPASIAN 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 93 VESPASIAN WAY sales from October 2016 and April 2022 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 October 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 93 VESPASIAN WAY?

93 VESPASIAN WAY is 52m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% 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 93 VESPASIAN WAY lies on this distribution: 1% of detached houses are smaller than 93 VESPASIAN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

93 VESPASIAN WAY: Plot and Title Map

93 VESPASIAN WAY sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 93 VESPASIAN 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 93 VESPASIAN 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 93 VESPASIAN WAY?

93 VESPASIAN WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 93 on VESPASIAN WAY.