15, GRASSMOOR CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9TD - £157,500

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.

15 GRASSMOOR CLOSE is a very small semi-detached house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £195,428. It was last sold for £157,500 in July 2020, which was around 7% below the average July 2020 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

15 GRASSMOOR CLOSE Sold Prices

Land registry data shows three sales for 15 GRASSMOOR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three 15 GRASSMOOR CLOSE sales were for below the average price, whilst one was 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
2020 17 JUL	£157,500	£168,469	7% below HPI
2013 10 JUL	£109,000	£121,327	10% below HPI
1996 30 SEP	£40,000	£38,567	4% above HPI

15 GRASSMOOR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 15 GRASSMOOR CLOSE sales between September 1996 and July 2020 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 July 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 15 GRASSMOOR CLOSE be worth now?

15 GRASSMOOR CLOSE might now be worth an estimated £195,428.

This is based on house price inflation of 24.1%, between July 2020 and March 2025, for semi-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 24.1% inflationary increase is applied to the most recent sale price for 15 GRASSMOOR CLOSE of £157,500 on 17th July 2020. For the value to have increased from £157,500 to £195,428 over the five years and four months to March 2025, the following assumptions must hold true:

• The value of 15 GRASSMOOR CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The July 2020 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 15 GRASSMOOR CLOSE has not materially changed since July 2020.

How Large is 15 GRASSMOOR CLOSE?

15 GRASSMOOR CLOSE is 51m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of semi-detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Hykeham, and where 15 GRASSMOOR CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 15 GRASSMOOR CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

15 GRASSMOOR CLOSE: Plot and Title Map

15 GRASSMOOR CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 15 GRASSMOOR 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 GRASSMOOR 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 GRASSMOOR CLOSE?

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