16, CRESTA CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9SQ - £165,000

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 CRESTA CLOSE is a midsized extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £165,000 in June 2014, which was around 15% below the average June 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was B.

16 CRESTA CLOSE Sold Prices

Land registry data shows two sales for 16 CRESTA 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 16 CRESTA 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
2014 26 JUN	£165,000	£194,720	15% below HPI
2006 28 JUL	£140,000	£179,413	22% below HPI

16 CRESTA 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 16 CRESTA CLOSE sales from July 2006 and June 2014 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 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 16 CRESTA CLOSE be worth now?

16 CRESTA CLOSE might now be worth an estimated £249,672.

This is based on house price inflation of 51.3%, between June 2014 and December 2024, 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 51.3% inflationary increase is applied to the most recent sale price for 16 CRESTA CLOSE of £165,000 on 26th June 2014. For the value to have increased from £165,000 to £249,672 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 16 CRESTA CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2014 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CRESTA CLOSE has not materially changed since June 2014.

How Large is 16 CRESTA CLOSE?

16 CRESTA CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 50% 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 16 CRESTA CLOSE lies on this distribution: 45% of detached houses houses are smaller than 16 CRESTA CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

16 CRESTA CLOSE: Plot and Title Map

16 CRESTA CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 16 CRESTA 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 CRESTA 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 CRESTA CLOSE?

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