15, ALDER CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8LU - £119,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 ALDER CLOSE is a very small semi-detached house of 66m², built sometime between 1950 and 1966. It was last sold for £119,000 in March 2012, which was around 32% below the average March 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

15 ALDER CLOSE Sold Prices

Land registry data shows two sales for 15 ALDER 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 15 ALDER 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
2012 26 MAR	£119,000	£175,684	32% below HPI
1996 17 MAY	£37,000	£62,083	40% below HPI

15 ALDER 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 15 ALDER CLOSE sales from May 1996 and March 2012 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 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2012 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 15 ALDER CLOSE?

15 ALDER CLOSE is 66m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% 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 15 ALDER CLOSE lies on this distribution: 7% of detached houses are smaller than 15 ALDER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

15 ALDER CLOSE: Plot and Title Map

15 ALDER CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 15 ALDER 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 15 ALDER 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 15 ALDER CLOSE?

15 ALDER CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 15 on ALDER CLOSE.