22, DERWENT CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8ER - £360,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 DERWENT CLOSE is a midsized extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £417,782. It was last sold for £360,000 in October 2020, which was around 38% above the average October 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

22 DERWENT CLOSE Sold Prices

Land registry data shows two sales for 22 DERWENT 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. One of the two 22 DERWENT CLOSE sales was for above the average price, whilst the other was 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
2020 16 OCT	£360,000	£260,877	38% above HPI
2015 28 AUG	£195,000	£205,751	5% below HPI

22 DERWENT 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 22 DERWENT CLOSE sales from August 2015 and October 2020 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 August 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 22 DERWENT CLOSE be worth now?

22 DERWENT CLOSE might now be worth an estimated £417,782.

This is based on house price inflation of 16.1%, between October 2020 and February 2025, 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 16.1% inflationary increase is applied to the most recent sale price for 22 DERWENT CLOSE of £360,000 on 16th October 2020. For the value to have increased from £360,000 to £417,782 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 DERWENT CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 22 DERWENT CLOSE has not materially changed since October 2020.

How Large is 22 DERWENT CLOSE?

22 DERWENT CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 50% 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 22 DERWENT CLOSE lies on this distribution: 51% of detached houses houses are smaller than 22 DERWENT CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

22 DERWENT CLOSE: Plot and Title Map

22 DERWENT CLOSE sits on a plot of roughly 0.315 of an acre, or 1,273m². The below map shows the location of 22 DERWENT 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 22 DERWENT 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 22 DERWENT CLOSE?

22 DERWENT CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 22 on DERWENT CLOSE.