2A, POST MILL CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9HL - £201,000

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

2A POST MILL CLOSE is a large detached house of 116m², built sometime from 2007 onwards. It was last sold for £201,000 in December 2021, which was around 31% below the average December 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2A POST MILL CLOSE Sold Prices

Land registry data shows two sales for 2A POST MILL 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 2A POST MILL CLOSE sales was for below the average price, whilst the other was roughly equal to 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 10 DEC	£201,000	£289,408	31% below HPI
2010 23 APR	£180,000	£180,035	Close to HPI

2A POST MILL 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 2A POST MILL CLOSE sales from April 2010 and December 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 April 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2A POST MILL CLOSE?

2A POST MILL CLOSE is 116m² according to the EPC inspection conducted in February 2020. This puts it in the largest 40% 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 2A POST MILL CLOSE lies on this distribution: 66% of detached houses are smaller than 2A POST MILL CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

2A POST MILL CLOSE: Plot and Title Map

2A POST MILL CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 2A POST MILL 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 2A POST MILL 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 2A POST MILL CLOSE?

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