15, POST MILL CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9HL - £325,000

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

15 POST MILL CLOSE is a large detached house of 118m², built sometime between 2007 and 2011. It was last sold for £325,000 in September 2021, which was around 15% above the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

15 POST MILL CLOSE Sold Prices

Land registry data shows three sales for 15 POST MILL CLOSE since 1^st 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. Two of the three 15 POST MILL CLOSE sales were for above the average price, whilst one was 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 22 SEP	£325,000	£281,947	15% above HPI
2015 15 MAY	£243,000	£201,393	21% above HPI
2010 30 JUL	£174,950	£184,040	5% below HPI

15 POST 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 three 15 POST MILL CLOSE sales between July 2010 and September 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 May 2015 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 15 POST MILL CLOSE?

15 POST MILL CLOSE is 118m² according to the EPC inspection conducted in March 2021. This puts it in the largest 40% 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 POST MILL CLOSE lies on this distribution: 67% of detached houses are smaller than 15 POST MILL CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

15 POST MILL CLOSE: Plot and Title Map

15 POST MILL CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 15 POST 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 15 POST 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 15 POST MILL CLOSE?

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