40, THORPE LANE, SOUTH HYKEHAM, LINCOLN, LN6 9NW - £143,000

40 THORPE LANE is a very small extended detached house of 82m², built sometime between 1930 and 1949. It was last sold for £143,000 in October 2013, which was around 25% below the average October 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

40 THORPE LANE Sold Prices

Land registry data shows two sales for 40 THORPE 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 40 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
2013 1 OCT	£143,000	£189,493	25% below HPI
2012 24 SEP	£150,000	£179,422	16% below HPI

40 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 two 40 THORPE LANE sales from September 2012 and October 2013 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 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 THORPE LANE?

40 THORPE LANE is 82m², which includes one extension, according to the EPC inspection conducted in October 2015. 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 40 THORPE LANE lies on this distribution: 13% of detached houses are smaller than 40 THORPE LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in South Hykeham.

40 THORPE LANE: Plot and Title Map

40 THORPE LANE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 40 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 40 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 40 THORPE LANE?

40 THORPE LANE is located in SOUTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 40 on THORPE LANE.