18, FORGE WAY, NORTH HYKEHAM, LINCOLN, LN6 9ZS - £282,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 FORGE WAY is a midsized detached house of 110m², which could now be worth an estimated £307,234. It was last sold for £282,500 in September 2021, which was around 1% above the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was A.

18 FORGE WAY Sold Prices

Land registry data shows two sales for 18 FORGE 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 18 FORGE 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
2021 30 SEP	£282,500	£278,376	1% above HPI
2016 29 SEP	£234,000	£221,313	6% above HPI

18 FORGE 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 18 FORGE WAY sales from September 2016 and September 2021 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 September 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 18 FORGE WAY be worth now?

18 FORGE WAY might now be worth an estimated £307,234.

This is based on house price inflation of 8.8%, between September 2021 and February 2025, 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 8.8% inflationary increase is applied to the most recent sale price for 18 FORGE WAY of £282,500 on 30th September 2021. For the value to have increased from £282,500 to £307,234 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 FORGE WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2021 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 18 FORGE WAY has not materially changed since September 2021.

How Large is 18 FORGE WAY?

18 FORGE WAY is 110m² according to the EPC inspection conducted in December 2016. This puts it in the largest 50% 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 18 FORGE WAY lies on this distribution: 58% of detached houses houses are smaller than 18 FORGE WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

18 FORGE WAY: Plot and Title Map

18 FORGE WAY sits on a plot of roughly 22.6 acres, or 91,307m². The below map shows the location of 18 FORGE 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 18 FORGE 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 18 FORGE WAY?

18 FORGE WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 18 on FORGE WAY.