31, NERO WAY, NORTH HYKEHAM, LINCOLN, LN6 8JP - £130,000

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.

31 NERO WAY is a very small terraced house of 58m², built sometime from 2007 onwards, which could now be worth an estimated £165,447. It was last sold for £130,000 in July 2018, which was around 3% below the average July 2018 terraced price in the North Kesteven local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was A.

31 NERO WAY Sold Prices

Land registry data shows three sales for 31 NERO WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. Two of the three 31 NERO WAY sales were for below the average price, whilst one was 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
2018 25 JUL	£130,000	£134,480	3% below HPI
2017 25 AUG	£100,000	£127,396	22% below HPI
2007 14 DEC	£118,500	£109,028	9% above HPI

31 NERO WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The three 31 NERO WAY sales between December 2007 and July 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 August 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 31 NERO WAY be worth now?

31 NERO WAY might now be worth an estimated £165,447.

This is based on house price inflation of 27.3%, between July 2018 and August 2025, for terraced 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 27.3% inflationary increase is applied to the most recent sale price for 31 NERO WAY of £130,000 on 25th July 2018. For the value to have increased from £130,000 to £165,447 over the six years and eleven months to August 2025, the following assumptions must hold true:

• The value of 31 NERO WAY has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The July 2018 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 31 NERO WAY has not materially changed since July 2018.

How Large is 31 NERO WAY?

31 NERO WAY is 58m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of terraced houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in North Hykeham, and where 31 NERO WAY lies on this distribution: 2% of terraced houses houses are smaller than 31 NERO WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

31 NERO WAY: Plot and Title Map

31 NERO WAY sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 31 NERO 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 31 NERO 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 31 NERO WAY?

31 NERO WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 31 on NERO WAY.