Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
11 CRESTA CLOSE is a small extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £176,250 in June 2024, which was around 42% below the average June 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 11 CRESTA CLOSE since 1st 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 11 CRESTA 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 |
---|---|---|---|
2024 7 JUN | £176,250 | £305,296 | 42% below HPI |
2017 4 SEP | £200,000 | £234,209 | 15% below HPI |
1998 21 AUG | £59,950 | £66,883 | 10% below HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 11 CRESTA CLOSE sales between August 1998 and June 2024 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 September 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
11 CRESTA CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 11 CRESTA CLOSE lies on this distribution: 30% of detached houses are smaller than 11 CRESTA CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
11 CRESTA CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 11 CRESTA 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 11 CRESTA 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.
11 CRESTA CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 11 on CRESTA CLOSE.