2, TYNE CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8TY - £179,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 TYNE CLOSE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £179,950 in March 2016, which was around 17% below the average March 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

2 TYNE CLOSE Sold Prices

Land registry data shows three sales for 2 TYNE 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 2 TYNE 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
2016 24 MAR	£179,950	£216,837	17% below HPI
2000 31 JUL	£63,000	£79,010	20% below HPI
1998 30 APR	£52,500	£67,096	22% below HPI

2 TYNE 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 TYNE CLOSE sales between April 1998 and March 2016 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 July 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 TYNE CLOSE?

2 TYNE CLOSE is 61m² according to the EPC inspection conducted in October 2015. 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 2 TYNE CLOSE lies on this distribution: 4% of detached houses are smaller than 2 TYNE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

2 TYNE CLOSE: Plot and Title Map

2 TYNE CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 2 TYNE 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 TYNE 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 TYNE CLOSE?

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