11, INNS CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8QZ - £317,500

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 INNS CLOSE is a large extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £317,500 in July 2023, which was around 4% above the average July 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

11 INNS CLOSE Sold Prices

Land registry data shows two sales for 11 INNS 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. One of the two 11 INNS CLOSE sales was for above the average price, whilst the other was roughly equal to 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
2023 28 JUL	£317,500	£306,567	4% above HPI
2006 25 AUG	£185,000	£185,763	Close to HPI

11 INNS 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 11 INNS CLOSE sales from August 2006 and July 2023 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 August 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2023 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 11 INNS CLOSE?

11 INNS CLOSE is 132m², which includes four extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 INNS CLOSE lies on this distribution: 79% of detached houses are smaller than 11 INNS CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

11 INNS CLOSE: Plot and Title Map

11 INNS CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 11 INNS 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 INNS 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 11 INNS CLOSE?

11 INNS CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 11 on INNS CLOSE.