11, MERCURY CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9FH - £217,500

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

11 MERCURY CLOSE is a large detached house of 122m², built sometime between 2007 and 2011. It was last sold for £217,500 in July 2017, which was around 9% below the average July 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

11 MERCURY CLOSE Sold Prices

Land registry data shows three sales for 11 MERCURY 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. Two of the three 11 MERCURY CLOSE sales were for below the average price, whilst one was 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
2017 21 JUL	£217,500	£237,927	9% below HPI
2010 19 AUG	£180,000	£183,842	2% below HPI
2009 30 APR	£170,000	£166,902	2% above HPI

11 MERCURY 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 11 MERCURY CLOSE sales between April 2009 and July 2017 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 2010 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 11 MERCURY CLOSE?

11 MERCURY CLOSE is 122m² according to the EPC inspection conducted in June 2022. This puts it in the largest 40% 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 MERCURY CLOSE lies on this distribution: 70% of detached houses are smaller than 11 MERCURY CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

11 MERCURY CLOSE: Plot and Title Map

11 MERCURY CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 11 MERCURY 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 MERCURY 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 MERCURY CLOSE?

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