2, CRUCIBLE CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9ZL - £272,500

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

2 CRUCIBLE CLOSE is a midsized detached house of 112m². It was last sold for £272,500 in March 2022, which was around 8% below the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

2 CRUCIBLE CLOSE Sold Prices

Land registry data shows three sales for 2 CRUCIBLE 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. Two of the three 2 CRUCIBLE CLOSE sales were for below the average price, whilst one was 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
2022 25 MAR	£272,500	£295,020	8% below HPI
2020 26 OCT	£248,750	£260,877	5% below HPI
2014 9 DEC	£209,999	£199,108	5% above HPI

2 CRUCIBLE 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 2 CRUCIBLE CLOSE sales between December 2014 and March 2022 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 October 2020 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 CRUCIBLE CLOSE be worth now?

2 CRUCIBLE CLOSE might now be worth an estimated £272,152.

This is based on house price deflation of 0.1%, between March 2022 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 0.1% deflationary decrease is applied to the most recent sale price for 2 CRUCIBLE CLOSE of £272,500 on 25th March 2022. For the value to have decreased from £272,500 to £272,152 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 2 CRUCIBLE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2022 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CRUCIBLE CLOSE has not materially changed since March 2022.

How Large is 2 CRUCIBLE CLOSE?

2 CRUCIBLE CLOSE is 112m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 2 CRUCIBLE CLOSE lies on this distribution: 60% of detached houses houses are smaller than 2 CRUCIBLE CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

2 CRUCIBLE CLOSE: Plot and Title Map

2 CRUCIBLE CLOSE sits on a plot of roughly 22.6 acres, or 91,307m². The below map shows the location of 2 CRUCIBLE 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 CRUCIBLE 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 CRUCIBLE CLOSE?

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