3, FORGE CLOSE, SOUTH KYME, LINCOLN, LN4 4JA - £300,000

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

3 FORGE CLOSE is a large extended detached house of 160m², built sometime between 2003 and 2006. It was last sold for £300,000 in October 2019, which was around 16% above the average October 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

3 FORGE CLOSE Sold Prices

Land registry data shows three sales for 3 FORGE 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 3 FORGE CLOSE sales were for above 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
2019 3 OCT	£300,000	£257,655	16% above HPI
2007 7 DEC	£250,000	£195,111	28% above HPI
2003 5 JUN	£180,000	£145,240	24% above HPI

3 FORGE 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 3 FORGE CLOSE sales between June 2003 and October 2019 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 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2019 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 3 FORGE CLOSE?

3 FORGE CLOSE is 160m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 30% of detached houses in South Kyme, based on EPC data. The below chart shows the distribution of detached houses by size in South Kyme, and where 3 FORGE CLOSE lies on this distribution: 72% of detached houses are smaller than 3 FORGE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in South Kyme.

3 FORGE CLOSE: Plot and Title Map

3 FORGE CLOSE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 3 FORGE 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 3 FORGE 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 3 FORGE CLOSE?

3 FORGE CLOSE is located in SOUTH KYME, in the LN4 postcode district. The below map shows the position of No. 3 on FORGE CLOSE.