24, ALDER CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8LU - £168,000

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

24 ALDER CLOSE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £168,000 in July 2017, which was around 29% below the average July 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

24 ALDER CLOSE Sold Prices

Land registry data shows three sales for 24 ALDER 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 24 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
2017 14 JUL	£168,000	£237,927	29% below HPI
1998 11 DEC	£56,000	£69,993	20% below HPI
1996 28 JUN	£40,000	£62,102	36% below HPI

24 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 three 24 ALDER CLOSE sales between June 1996 and July 2017 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 December 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 24 ALDER CLOSE?

24 ALDER CLOSE is 61m² according to the EPC inspection conducted in April 2017. 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 24 ALDER CLOSE lies on this distribution: 4% of detached houses are smaller than 24 ALDER CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

24 ALDER CLOSE: Plot and Title Map

24 ALDER CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 24 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 24 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 24 ALDER CLOSE?

24 ALDER CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 24 on ALDER CLOSE.