2, ALDER CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8LU - £194,950

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

2 ALDER CLOSE is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £194,950 in September 2015, which was around 8% below the average September 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

2 ALDER CLOSE Sold Prices

Land registry data shows two sales for 2 ALDER 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 2 ALDER 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
2015 10 SEP	£194,950	£212,724	8% below HPI
1996 24 MAY	£59,000	£62,083	5% below HPI

2 ALDER 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 2 ALDER CLOSE sales from May 1996 and September 2015 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 May 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 ALDER CLOSE?

2 ALDER CLOSE is 89m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% 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 2 ALDER CLOSE lies on this distribution: 32% of detached houses are smaller than 2 ALDER CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

2 ALDER CLOSE: Plot and Title Map

2 ALDER CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 2 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 2 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 2 ALDER CLOSE?

2 ALDER CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 2 on ALDER CLOSE.