16, DERWENT CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8ER - £310,000

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.

16 DERWENT CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £317,264. It was last sold for £310,000 in December 2024, which was around 5% above the average December 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

16 DERWENT CLOSE Sold Prices

Land registry data shows two sales for 16 DERWENT 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. One of the two 16 DERWENT CLOSE sales was for above the average price, whilst the other 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
2024 2 DEC	£310,000	£295,817	5% above HPI
2022 28 JAN	£220,000	£288,451	24% below HPI

16 DERWENT 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 DERWENT CLOSE sales from January 2022 and December 2024 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 January 2022 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2024 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 16 DERWENT CLOSE be worth now?

16 DERWENT CLOSE might now be worth an estimated £317,264.

This is based on house price inflation of 2.3%, between December 2024 and February 2025, 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 2.3% inflationary increase is applied to the most recent sale price for 16 DERWENT CLOSE of £310,000 on 2nd December 2024. For the value to have increased from £310,000 to £317,264 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 16 DERWENT CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2024 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 16 DERWENT CLOSE has not materially changed since December 2024.

How Large is 16 DERWENT CLOSE?

16 DERWENT CLOSE is 75m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 DERWENT CLOSE lies on this distribution: 15% of detached houses houses are smaller than 16 DERWENT CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

16 DERWENT CLOSE: Plot and Title Map

16 DERWENT CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 16 DERWENT 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 DERWENT 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 DERWENT CLOSE?

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