3, THORPE LANE, SOUTH HYKEHAM, LINCOLN, LN6 9NW - £258,000

3 THORPE LANE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £258,000 in September 2022, which was around 20% below the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

3 THORPE LANE Sold Prices

Land registry data shows four sales for 3 THORPE LANE 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. All of the four 3 THORPE 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
2022 5 SEP	£258,000	£322,071	20% below HPI
2003 28 MAR	£115,000	£135,197	15% below HPI
2002 23 AUG	£105,000	£113,817	8% below HPI
2000 22 NOV	£45,000	£80,558	44% below HPI

3 THORPE 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 four 3 THORPE LANE sales between November 2000 and September 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 March 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 THORPE LANE?

3 THORPE LANE is 76m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses in South Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in South Hykeham, and where 3 THORPE LANE lies on this distribution: 10% of detached houses are smaller than 3 THORPE LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in South Hykeham.

3 THORPE LANE: Plot and Title Map

3 THORPE LANE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 3 THORPE 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 3 THORPE 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 3 THORPE LANE?

3 THORPE LANE is located in SOUTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 3 on THORPE LANE.