14, LADDS MILL CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9QP - £231,500

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.

14 LADDS MILL CLOSE is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £260,126. It was last sold for £231,500 in March 2021, which was around 14% below the average March 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

14 LADDS MILL CLOSE Sold Prices

Land registry data shows two sales for 14 LADDS 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 14 LADDS 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
2021 1 MAR	£231,500	£269,432	14% below HPI
2014 3 SEP	£162,000	£198,905	19% below HPI

14 LADDS 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 14 LADDS MILL CLOSE sales from September 2014 and March 2021 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 September 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 14 LADDS MILL CLOSE be worth now?

14 LADDS MILL CLOSE might now be worth an estimated £260,126.

This is based on house price inflation of 12.4%, between March 2021 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 12.4% inflationary increase is applied to the most recent sale price for 14 LADDS MILL CLOSE of £231,500 on 1st March 2021. For the value to have increased from £231,500 to £260,126 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 14 LADDS MILL CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2021 sale price of £231,500 represented a fair market value for the property.
• The size, condition, and specification of 14 LADDS MILL CLOSE has not materially changed since March 2021.

How Large is 14 LADDS MILL CLOSE?

14 LADDS MILL CLOSE is 78m² according to the EPC inspection conducted in May 2014. 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 14 LADDS MILL CLOSE lies on this distribution: 19% of detached houses houses are smaller than 14 LADDS MILL CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

14 LADDS MILL CLOSE: Plot and Title Map

14 LADDS MILL CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 14 LADDS 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 14 LADDS 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 14 LADDS MILL CLOSE?

14 LADDS MILL CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 14 on LADDS MILL CLOSE.