House prices in LN6 9 (North Hykeham)

This article reveals price per square metre data and various charts to help you understand current housing market in 'LN6 9' (North Hykeham) - statistics were last calculated on 30 August 2024.


Defining 'LN6 9'

This analysis is limited to properties whose postcode starts with "LN6 9", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it North Hykeham.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in North Hykeham is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 33, Londinium Way, North Hykeham, sold for £419,000 on Jul-2024. Given the internal area of 184 square metres, the price per sqm is £2,277.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 316 sales in North Hykeham (LN6 9) that took place in the last two years.

Distribution of £ per sqm for North Hykeham
Distribution of £ per sqm house prices in North Hykeham

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in North Hykeham (LN6 9). Of the 316 transactions, half were sold for between £2,280 and £3,010 per square metre. The median, or 'middle', price per square metre in 'LN6 9' is £2,720. Notably, only 25% of properties that sold recently were valued at more than £3,010 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for North Hykeham

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring North Hykeham. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for North Hykeham
House price heatmap for North Hykeham

Comparison with neighbouring postcode sectors

The table below shows how 'LN6 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
LN6 0 Lincoln £2,060 sqm £2,540 sqm £2,890 sqm
LN6 5 Skellingthorpe £2,560 sqm £2,850 sqm £3,270 sqm
LN6 4 Skellingthorpe £2,730 sqm £2,830 sqm £3,050 sqm
LN6 8 North Hykeham £2,370 sqm £2,680 sqm £2,970 sqm
LN6 7 Lincoln £2,050 sqm £2,330 sqm £2,720 sqm
LN6 3 Lincoln £2,610 sqm £2,930 sqm £3,340 sqm
LN6 9 North Hykeham £2,280 sqm £2,720 sqm £3,010 sqm

Will North Hykeham house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for LN6 9 (North Hykeham) compared with both the wider area LN6 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in North Hykeham,North Hykeham
House price trends for North Hykeham

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent LN6 9 sales
Recent trends for North Hykeham

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for North Hykeham to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about North Hykeham and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Vespasian Way, North Hykeham, LN6 9Z 88 sqm £2,680 25
Furnace Close, North Hykeham, LN6 9Z 82 sqm £2,371 25
Gibson Green, North Hykeham, LN6 9G 85 sqm £2,321 20
Station Road, North Hykeham, LN6 9A 98 sqm £2,176 20
Mendip Avenue, North Hykeham, LN6 9S 74 sqm £2,658 18
Mill Lane, North Hykeham, LN6 9P 105 sqm £2,556 18
Fox Covert, North Hykeham, LN6 9U 73 sqm £2,645 18
Cupola Close, North Hykeham, LN6 9Z 74 sqm £2,628 17

Search for your street here.

Raw data

Our analysis of North Hykeham is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
33, Londinium Way, North Hykeham £419,000
Jul-2024
184 2,277
5, Primrose Close, North Hykeham £180,000
Jul-2024
55 3,272
7, Meadow View, North Hykeham £320,000
Jul-2024
105 3,047

See the entire list of all sales in North Hykeham (LN6 9) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.