3, GRASSMOOR CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9TD - £220,000

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

3 GRASSMOOR CLOSE is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £220,000 in August 2020, which was around 17% below the average August 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

3 GRASSMOOR CLOSE Sold Prices

Land registry data shows three sales for 3 GRASSMOOR 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 GRASSMOOR 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
2020 27 AUG	£220,000	£263,815	17% below HPI
2016 16 SEP	£194,000	£224,152	13% below HPI
2008 1 FEB	£77,000	£188,650	59% below HPI

3 GRASSMOOR 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 GRASSMOOR CLOSE sales between February 2008 and August 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 September 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 GRASSMOOR CLOSE?

3 GRASSMOOR CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 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 3 GRASSMOOR CLOSE lies on this distribution: 39% of detached houses are smaller than 3 GRASSMOOR CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

3 GRASSMOOR CLOSE: Plot and Title Map

3 GRASSMOOR CLOSE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 3 GRASSMOOR 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 GRASSMOOR 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 GRASSMOOR CLOSE?

3 GRASSMOOR CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 3 on GRASSMOOR CLOSE.