1, HAZEL CLOSE, SOUTH HYKEHAM, LINCOLN, LN6 9UT - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 HAZEL CLOSE is a midsized extended detached house of 125m², built sometime between 2003 and 2006, which could now be worth an estimated £289,161. It was last sold for £265,000 in February 2021, which was around 2% below the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

1 HAZEL CLOSE Sold Prices

Land registry data shows three sales for 1 HAZEL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the three 1 HAZEL CLOSE sales was for below the average price, whilst two 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 16 FEB	£265,000	£270,024	2% below HPI
2015 27 MAR	£199,950	£196,747	2% above HPI
2004 16 APR	£164,995	£158,106	4% above HPI

1 HAZEL 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 three 1 HAZEL CLOSE sales between April 2004 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 March 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 HAZEL CLOSE be worth now?

1 HAZEL CLOSE might now be worth an estimated £289,161.

This is based on house price inflation of 9.1%, between February 2021 and December 2024, for detached 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 9.1% inflationary increase is applied to the most recent sale price for 1 HAZEL CLOSE of £265,000 on 16th February 2021. For the value to have increased from £265,000 to £289,161 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 1 HAZEL CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HAZEL CLOSE has not materially changed since February 2021.

How Large is 1 HAZEL CLOSE?

1 HAZEL CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses houses in South Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Hykeham, and where 1 HAZEL CLOSE lies on this distribution: 51% of detached houses houses are smaller than 1 HAZEL CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in South Hykeham.

1 HAZEL CLOSE: Plot and Title Map

1 HAZEL CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 1 HAZEL 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 HAZEL 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 HAZEL CLOSE?

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