40, HERON WALK, NORTH HYKEHAM, LINCOLN, LN6 9TR - £117,500

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.

40 HERON WALK is a very small terraced house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £183,658. It was last sold for £117,500 in August 2014, which was around 7% above the average August 2014 terraced price in the North Kesteven local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

40 HERON WALK Sold Prices

Land registry data shows six sales for 40 HERON WALK since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. Most of the six 40 HERON WALK 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
2014 14 AUG	£117,500	£109,497	7% above HPI
2011 31 JAN	£109,000	£102,582	6% above HPI
2006 8 MAR	£104,995	£97,068	8% above HPI
2006 3 MAR	£95,600	£97,068	2% below HPI
2003 1 JAN	£78,500	£64,357	22% above HPI
1998 15 MAY	£43,157	£33,803	28% above HPI

40 HERON WALK 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 six 40 HERON WALK sales between May 1998 and August 2014 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 January 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 40 HERON WALK be worth now?

40 HERON WALK might now be worth an estimated £183,658.

This is based on house price inflation of 56.3%, between August 2014 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 56.3% inflationary increase is applied to the most recent sale price for 40 HERON WALK of £117,500 on 14th August 2014. For the value to have increased from £117,500 to £183,658 over the eleven years to August 2025, the following assumptions must hold true:

• The value of 40 HERON WALK has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The August 2014 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 40 HERON WALK has not materially changed since August 2014.

How Large is 40 HERON WALK?

40 HERON WALK is 53m² according to the EPC inspection conducted in November 2013. 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 40 HERON WALK lies on this distribution: 1% of terraced houses houses are smaller than 40 HERON WALK, and 99% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

40 HERON WALK: Plot and Title Map

40 HERON WALK sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 40 HERON WALK, 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 40 HERON WALK). 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 40 HERON WALK?

40 HERON WALK is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 40 on HERON WALK.