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
12 ALFORD MILL CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £140,000 in August 2024, which was around 52% 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.
Land registry data shows two sales for 12 ALFORD MILL CLOSE since 1st 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 | £294,583 | 52% below HPI |
2004 21 MAY | £148,000 | £162,824 | 9% 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 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2024 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
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 in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 12 ALFORD MILL CLOSE lies on this distribution: 19% of detached 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 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.
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.