1, CROMER CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8UT - £179,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CROMER CLOSE is a small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £179,950 in November 2015, which was around 15% below the average November 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

1 CROMER CLOSE Sold Prices

Land registry data shows two sales for 1 CROMER CLOSE 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 1 CROMER CLOSE 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
2015 30 NOV	£179,950	£211,957	15% below HPI
2013 29 NOV	£125,000	£186,894	33% below HPI

1 CROMER CLOSE 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 1 CROMER CLOSE sales from November 2013 and November 2015 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 November 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 CROMER CLOSE?

1 CROMER CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% 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 1 CROMER CLOSE lies on this distribution: 23% of detached houses are smaller than 1 CROMER CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

1 CROMER CLOSE: Plot and Title Map

1 CROMER CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 1 CROMER CLOSE, 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 1 CROMER CLOSE). 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 1 CROMER CLOSE?

1 CROMER CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 1 on CROMER CLOSE.