62, MINERVA WAY, NORTH HYKEHAM, LINCOLN, LN6 9FG - £75,000

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.

62 MINERVA WAY is a very small terraced house of 71m², which could now be worth an estimated £96,654. It was last sold for £75,000 in May 2020, which was around 44% below the average May 2020 terraced price in the North Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was B, and the potential energy rating was B.

62 MINERVA WAY Sold Prices

Land registry data shows two sales for 62 MINERVA WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. Both of the two 62 MINERVA 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 7 MAY	£75,000	£132,806	44% below HPI
2004 15 DEC	£60,000	£93,198	36% below HPI

62 MINERVA 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 two 62 MINERVA WAY sales from December 2004 and May 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 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 62 MINERVA WAY be worth now?

62 MINERVA WAY might now be worth an estimated £96,654.

This is based on house price inflation of 28.9%, between May 2020 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 28.9% inflationary increase is applied to the most recent sale price for 62 MINERVA WAY of £75,000 on 7th May 2020. For the value to have increased from £75,000 to £96,654 over the four years and nine months to August 2025, the following assumptions must hold true:

• The value of 62 MINERVA WAY has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The May 2020 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 62 MINERVA WAY has not materially changed since May 2020.

How Large is 62 MINERVA WAY?

62 MINERVA WAY is 71m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% 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 62 MINERVA WAY lies on this distribution: 11% of terraced houses houses are smaller than 62 MINERVA WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

62 MINERVA WAY: Plot and Title Map

62 MINERVA WAY sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 62 MINERVA 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 62 MINERVA 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 62 MINERVA WAY?

62 MINERVA WAY is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 62 on MINERVA WAY.