16, LAKE VIEW CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9SW - £92,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 LAKE VIEW CLOSE is a very large extended detached house of 144m², built sometime between 1996 and 2002. It was last sold for £92,000 in August 1998, which was around 38% above the average August 1998 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was C.

16 LAKE VIEW CLOSE Sold Prices

Land registry data shows two sales for 16 LAKE VIEW 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 LAKE VIEW CLOSE sales 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
1998 28 AUG	£92,000	£66,883	38% above HPI
1996 15 NOV	£88,000	£63,459	39% above HPI

16 LAKE VIEW 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 LAKE VIEW CLOSE sales from November 1996 and August 1998 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 1996 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 1998 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 16 LAKE VIEW CLOSE?

16 LAKE VIEW CLOSE is 144m², which includes three extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 20% 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 16 LAKE VIEW CLOSE lies on this distribution: 86% of detached houses are smaller than 16 LAKE VIEW CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

16 LAKE VIEW CLOSE: Plot and Title Map

16 LAKE VIEW CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 16 LAKE VIEW 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 LAKE VIEW 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 LAKE VIEW CLOSE?

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