12, ALFORD MILL CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9QR - £140,000

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.

12 ALFORD MILL CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £147,989. It was last sold for £140,000 in August 2024, which was around 51% below the average August 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

12 ALFORD MILL CLOSE Sold Prices

Land registry data shows two sales for 12 ALFORD MILL 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. Both of the two 12 ALFORD MILL 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 27 AUG	£140,000	£286,406	51% below HPI
2004 21 MAY	£148,000	£160,762	8% below HPI

12 ALFORD MILL 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 12 ALFORD MILL CLOSE sales from May 2004 and August 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 May 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2024 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 12 ALFORD MILL CLOSE be worth now?

12 ALFORD MILL CLOSE might now be worth an estimated £147,989.

This is based on house price inflation of 5.7%, between August 2024 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 5.7% inflationary increase is applied to the most recent sale price for 12 ALFORD MILL CLOSE of £140,000 on 27th August 2024. For the value to have increased from £140,000 to £147,989 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 12 ALFORD MILL CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2024 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ALFORD MILL CLOSE has not materially changed since August 2024.

How Large is 12 ALFORD MILL CLOSE?

12 ALFORD MILL CLOSE is 78m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% 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 12 ALFORD MILL CLOSE lies on this distribution: 19% of detached houses houses are smaller than 12 ALFORD MILL CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

12 ALFORD MILL CLOSE: Plot and Title Map

12 ALFORD MILL CLOSE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 12 ALFORD MILL 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 12 ALFORD MILL 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 12 ALFORD MILL CLOSE?

12 ALFORD MILL CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 12 on ALFORD MILL CLOSE.