16, WATER LANE, NORTH HYKEHAM, LINCOLN, LN6 9QT - £152,000

16 WATER LANE is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £152,000 in March 2018, which was around 36% below the average March 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

16 WATER LANE Sold Prices

Land registry data shows two sales for 16 WATER LANE 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 16 WATER LANE 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
2018 15 MAR	£152,000	£238,220	36% below HPI
1997 30 APR	£52,000	£64,078	19% below HPI

16 WATER LANE 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 16 WATER LANE sales from April 1997 and March 2018 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 April 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 16 WATER LANE?

16 WATER LANE is 59m² according to the EPC inspection conducted in July 2017. 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 16 WATER LANE lies on this distribution: 3% of detached houses are smaller than 16 WATER LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

16 WATER LANE: Plot and Title Map

16 WATER LANE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 16 WATER LANE, 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 16 WATER LANE). 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 16 WATER LANE?

16 WATER LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 16 on WATER LANE.