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North Hykeham House Prices North Hykeham House Prices

The average house price in North Hykeham is £228,321 using HM Land Registry data.

The average property price increased by £71,274 (35.99%) over the last 5 years and increased by £14,245 (5.59%) over the last 12 months.

Over the last year, there were 189 residential property sales – a decrease of 116 transactions (-61.38%) relative to the previous year. The majority of house sales (51) were in the £224,000 - £266,000 range. Then came properties in the £182,000 - £224,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,379 (-2%).

In April 2024, there were 47 new estate agency instructions, 29 agreed home sales and 36 property price reductions.

Neighbouring Areas: Lincoln

Postcodes Covered: LN6

5-Year Average Property Prices in North Hykeham

35.99%

Property prices in North Hykeham increased by 35.99% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in North Hykeham Over the Last Year

5.59%

Property prices in North Hykeham increased by 5.59% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for North Hykeham - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in North Hykeham

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in North Hykeham

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in North Hykeham

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the North Hykeham since 1995

Using HM Land Registry data, this chart displays average annual house prices in the North Hykeham area since 1995.

Recent Property Sales in North Hykeham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Pendine Crescent, North Hykeham, Lincoln, Lincolnshire, LN6 8UW£250,000£242,500-£7,50022 Aug 202301 Mar 2024192 Days
7 Skerries Close, North Hykeham, Lincoln, Lincolnshire, LN6 8UN£275,000£265,000-£10,00020 Sep 202326 Jan 2024128 Days
121 Newark Road, North Hykeham, Lincoln, Lincolnshire, LN6 8QT£330,000£300,000-£30,00027 Feb 202323 Jan 2024330 Days
8 Eddystone Drive, North Hykeham, Lincoln, Lincolnshire, LN6 8UH£280,000£270,000-£10,00019 Apr 202320 Dec 2023245 Days
25 St Hughs Drive, North Hykeham, Lincoln, Lincolnshire, LN6 8RD£255,000£250,000-£5,00028 Jul 202318 Dec 2023143 Days
138 Station Road, North Hykeham, Lincoln, Lincolnshire, LN6 9AT£120,000£115,000-£5,00004 Oct 202315 Dec 202372 Days
25 Newark Road, North Hykeham, Lincoln, Lincolnshire, LN6 8RB£260,000£260,000£0004 Aug 202314 Dec 2023132 Days
89 Wetherby Crescent, Lincoln, Lincolnshire, LN6 8TE£250,000£220,000-£30,00026 Jun 202311 Dec 2023168 Days
2 Langley Road, North Hykeham, Lincoln, Lincolnshire, LN6 9RX£215,000£215,000£0006 Apr 202308 Dec 2023246 Days
4 Rigsmoor Close, North Hykeham, Lincoln, Lincolnshire, LN6 9PR£295,000£290,000-£5,00003 Aug 202308 Dec 2023127 Days
10 Stone Moor Road, North Hykeham, Lincoln, Lincolnshire, LN6 9QN£190,000£182,000-£8,00003 Jul 202327 Nov 2023147 Days
13 St Davids Road, North Hykeham, Lincoln, Lincolnshire, LN6 8QL£189,950£186,000-£3,95012 Apr 202317 Nov 2023219 Days
16 Meadow Close, North Hykeham, Lincoln, Lincolnshire, LN6 9RW£295,000£283,000-£12,00021 Mar 202317 Nov 2023241 Days
45 Hebden Moor Way, North Hykeham, Lincoln, Lincolnshire, LN6 9QW£375,000£360,000-£15,00009 Aug 202313 Nov 202396 Days
11 Alder Close, North Hykeham, Lincoln, Lincolnshire, LN6 8LU£220,000£215,000-£5,00026 May 202310 Nov 2023168 Days
37 Jaguar Drive, North Hykeham, Lincoln, Lincolnshire, LN6 9SF£270,000£265,000-£5,00027 Apr 202309 Nov 2023196 Days
11 Stone Moor Road, North Hykeham, Lincoln, Lincolnshire, LN6 9QN£205,000£195,000-£10,00019 Apr 202330 Oct 2023194 Days
25 Hutson Drive, North Hykeham, Lincoln, Lincolnshire, LN6 8EB£129,950£118,000-£11,95016 Aug 202327 Oct 202372 Days
23 Sedgemoor Close, North Hykeham, Lincoln, Lincolnshire, LN6 9PL£217,500£207,500-£10,00024 Jun 202325 Oct 2023123 Days
7 Lotus Court, North Hykeham, Lincoln, Lincolnshire, LN6 9UQ£290,000£280,000-£10,00008 Mar 202325 Oct 2023231 Days

Most Expensive Streets in North Hykeham

PostcodeStreetAreaAverageNo. of Sales
LN6 9FFLeys CloseNorth Hykeham£511,7504
LN6 9THCleveland AvenueNorth Hykeham£425,90625
LN6 9NUAscot WayNorth Hykeham£418,0836
LN6 8DLLincoln RoadNorth Hykeham£394,6389
LN6 9YDBowlers CourtNorth Hykeham£373,3333
LN6 8EFLincoln RoadNorth Hykeham£370,4005
LN6 9HHDorchester WayNorth Hykeham£369,7779
LN6 9LFLondinium WayNorth Hykeham£352,6663
LN6 9XWBelton Park DriveNorth Hykeham£336,1005
LN6 8JDRipley DriveNorth Hykeham£333,3333

Least Expensive Streets in North Hykeham

PostcodeStreetAreaAverageNo. of Sales
LN6 9ZSForge WayNorth Hykeham£105,28813
LN6 8NHParkview ApartmentsLincoln Road£133,6666
LN6 9PSMalvern CloseNorth Hykeham£141,3128
LN6 9ATStation RoadNorth Hykeham£144,1254
LN6 8EBHutson DriveNorth Hykeham£148,2504
LN6 8JRLindum MewsNorth Hykeham£149,2504
LN6 8QFSt Aidens RoadNorth Hykeham£151,4647
LN6 8DZMulberry AvenueNorth Hykeham£154,0005
LN6 9FWMagnus CourtNorth Hykeham£154,2229
LN6 9RJPerney CrescentNorth Hykeham£156,0003

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