28, ALDER CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8LU - £190,000

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

28 ALDER CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £190,000 in September 2021, which was around 33% below the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

28 ALDER CLOSE Sold Prices

Land registry data shows two sales for 28 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 28 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
2021 15 SEP	£190,000	£281,947	33% below HPI
1997 27 JUN	£54,000	£65,499	18% below HPI

28 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 28 ALDER CLOSE sales from June 1997 and September 2021 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 June 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 28 ALDER CLOSE?

28 ALDER CLOSE is 70m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% 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 28 ALDER CLOSE lies on this distribution: 10% of detached houses are smaller than 28 ALDER CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

28 ALDER CLOSE: Plot and Title Map

28 ALDER CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 28 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 28 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 28 ALDER CLOSE?

28 ALDER CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 28 on ALDER CLOSE.