5, JUSTINIAN WAY, NORTH HYKEHAM, LINCOLN, LN6 9YZ - £230,000

5 JUSTINIAN WAY is a small detached house of 92m², built sometime between 2007 and 2011. It was last sold for £230,000 in March 2020, which was around 10% below the average March 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

5 JUSTINIAN WAY Sold Prices

Land registry data shows two sales for 5 JUSTINIAN 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 5 JUSTINIAN WAY 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
2020 30 MAR	£230,000	£254,353	10% below HPI
2013 20 DEC	£175,750	£185,763	5% below HPI

5 JUSTINIAN 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 5 JUSTINIAN WAY sales from December 2013 and March 2020 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 December 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 JUSTINIAN WAY?

5 JUSTINIAN WAY is 92m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 5 JUSTINIAN WAY lies on this distribution: 36% of detached houses are smaller than 5 JUSTINIAN WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

5 JUSTINIAN WAY: Plot and Title Map

5 JUSTINIAN WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 5 JUSTINIAN 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 5 JUSTINIAN 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 5 JUSTINIAN WAY?

5 JUSTINIAN WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 5 on JUSTINIAN WAY.