7, ASPEN WAY, SOUTH HYKEHAM, LINCOLN, LN6 9WT - £310,000

7 ASPEN WAY is a small extended detached house of 107m², built sometime between 2007 and 2011. It was last sold for £310,000 in February 2021, which was around 13% above the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

7 ASPEN WAY Sold Prices

Land registry data shows two sales for 7 ASPEN 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 7 ASPEN WAY 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
2021 12 FEB	£310,000	£273,488	13% above HPI
2010 3 DEC	£196,995	£186,606	6% above HPI

7 ASPEN 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 7 ASPEN WAY sales from December 2010 and February 2021 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 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 7 ASPEN WAY?

7 ASPEN WAY is 107m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% 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 7 ASPEN WAY lies on this distribution: 39% of detached houses are smaller than 7 ASPEN WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in South Hykeham.

7 ASPEN WAY: Plot and Title Map

7 ASPEN WAY sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 7 ASPEN 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 7 ASPEN 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 7 ASPEN WAY?

7 ASPEN WAY is located in SOUTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 7 on ASPEN WAY.