16, ALDER CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8LU - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 ALDER CLOSE is a very small semi-detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £196,771. It was last sold for £175,000 in May 2021, which was around 1% below the average May 2021 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

16 ALDER CLOSE Sold Prices

Land registry data shows four sales for 16 ALDER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. two of the four 16 ALDER CLOSE sales were for below the average price, and four 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
2021 28 MAY	£175,000	£176,716	1% below HPI
2016 30 NOV	£147,500	£142,648	3% above HPI
2013 20 DEC	£124,500	£120,679	3% above HPI
2005 23 SEP	£112,800	£116,386	3% below HPI

16 ALDER 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 four 16 ALDER CLOSE sales between September 2005 and May 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 November 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 16 ALDER CLOSE be worth now?

16 ALDER CLOSE might now be worth an estimated £196,771.

This is based on house price inflation of 12.4%, between May 2021 and December 2024, 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 12.4% inflationary increase is applied to the most recent sale price for 16 ALDER CLOSE of £175,000 on 28th May 2021. For the value to have increased from £175,000 to £196,771 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 16 ALDER CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The May 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ALDER CLOSE has not materially changed since May 2021.

How Large is 16 ALDER CLOSE?

16 ALDER CLOSE is 67m² according to the EPC inspection conducted in September 2016. 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 16 ALDER CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 16 ALDER CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

16 ALDER CLOSE: Plot and Title Map

16 ALDER CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 16 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 16 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 16 ALDER CLOSE?

16 ALDER CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 16 on ALDER CLOSE.