17, MALVERN CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9PS - £135,000

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

17 MALVERN CLOSE is a very small detached house of 55m², built sometime between 1991 and 1995. It was last sold for £135,000 in September 2019, which was around 47% below the average September 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was B.

17 MALVERN CLOSE Sold Prices

Land registry data shows three sales for 17 MALVERN 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. All of the three 17 MALVERN 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
2019 10 SEP	£135,000	£254,667	47% below HPI
2003 22 SEP	£114,950	£148,143	22% below HPI
1998 9 APR	£41,750	£67,096	38% below HPI

17 MALVERN 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 17 MALVERN CLOSE sales between April 1998 and September 2019 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 September 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2019 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 17 MALVERN CLOSE?

17 MALVERN CLOSE is 55m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% 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 17 MALVERN CLOSE lies on this distribution: 1% of detached houses are smaller than 17 MALVERN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

17 MALVERN CLOSE: Plot and Title Map

17 MALVERN CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 17 MALVERN 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 17 MALVERN 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 17 MALVERN CLOSE?

17 MALVERN CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 17 on MALVERN CLOSE.