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
12 LAKE VIEW CLOSE is a midsized detached house of 109m², built sometime between 1991 and 1995. It was last sold for £81,000 in July 1998, which was around 21% above the average July 1998 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 12 LAKE VIEW 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 12 LAKE VIEW CLOSE sales were 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 |
---|---|---|---|
1998 15 JUL | £81,000 | £67,196 | 21% above HPI |
1998 29 MAY | £75,500 | £67,433 | 12% above HPI |
1995 29 SEP | £84,000 | £63,265 | 33% above 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 12 LAKE VIEW CLOSE sales between September 1995 and July 1998 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 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 1998 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.
12 LAKE VIEW CLOSE is 109m² according to the EPC inspection conducted in October 2020. This puts it in the largest 50% 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 LAKE VIEW CLOSE lies on this distribution: 56% of detached houses are smaller than 12 LAKE VIEW CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
12 LAKE VIEW CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 12 LAKE VIEW 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 LAKE VIEW 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 LAKE VIEW CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 12 on LAKE VIEW CLOSE.