10, LAKE VIEW CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9SW - £255,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 LAKE VIEW CLOSE is a large detached house of 123m², built sometime between 1991 and 1995, which could now be worth an estimated £305,364. It was last sold for £255,500 in November 2018, which was around 1% above the average November 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

10 LAKE VIEW CLOSE Sold Prices

Land registry data shows three sales for 10 LAKE VIEW 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. All of the three 10 LAKE VIEW CLOSE 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
2018 20 NOV	£255,500	£253,312	1% above HPI
2003 2 MAY	£158,500	£139,637	14% above HPI
1997 6 JUN	£83,000	£64,669	28% above HPI

10 LAKE VIEW 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 10 LAKE VIEW CLOSE sales between June 1997 and November 2018 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 May 2003 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2018 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 10 LAKE VIEW CLOSE be worth now?

10 LAKE VIEW CLOSE might now be worth an estimated £305,364.

This is based on house price inflation of 19.5%, between November 2018 and February 2025, 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 19.5% inflationary increase is applied to the most recent sale price for 10 LAKE VIEW CLOSE of £255,500 on 20th November 2018. For the value to have increased from £255,500 to £305,364 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 10 LAKE VIEW CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2018 sale price of £255,500 represented a fair market value for the property.
• The size, condition, and specification of 10 LAKE VIEW CLOSE has not materially changed since November 2018.

How Large is 10 LAKE VIEW CLOSE?

10 LAKE VIEW CLOSE is 123m² according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 10 LAKE VIEW CLOSE lies on this distribution: 70% of detached houses houses are smaller than 10 LAKE VIEW CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

10 LAKE VIEW CLOSE: Plot and Title Map

10 LAKE VIEW CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 10 LAKE VIEW 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 10 LAKE VIEW 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 10 LAKE VIEW CLOSE?

10 LAKE VIEW CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 10 on LAKE VIEW CLOSE.