3, HYDE PARK CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9XU - £50,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HYDE PARK CLOSE is a midsized detached house of 107m², built sometime between 1983 and 1990. It was last sold for £50,000 in June 2001, which was around 40% below the average June 2001 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

3 HYDE PARK CLOSE Sold Prices

Land registry data shows two sales for 3 HYDE PARK 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 3 HYDE PARK CLOSE sales was for below the average price, whilst the other was 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
2001 7 JUN	£50,000	£83,562	40% below HPI
1996 30 AUG	£80,750	£62,025	30% above HPI

3 HYDE PARK 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 3 HYDE PARK CLOSE sales from August 1996 and June 2001 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 August 1996 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2001 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 3 HYDE PARK CLOSE be worth now?

3 HYDE PARK CLOSE might now be worth an estimated £176,302.

This is based on house price inflation of 252.6%, between June 2001 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 252.6% inflationary increase is applied to the most recent sale price for 3 HYDE PARK CLOSE of £50,000 on 7th June 2001. For the value to have increased from £50,000 to £176,302 over the 22 years and six months to December 2024, the following assumptions must hold true:

• The value of 3 HYDE PARK CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2001 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HYDE PARK CLOSE has not materially changed since June 2001.

How Large is 3 HYDE PARK CLOSE?

3 HYDE PARK CLOSE is 107m² according to the EPC inspection conducted in February 2012. This puts it in the largest 50% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 3 HYDE PARK CLOSE lies on this distribution: 54% of detached houses houses are smaller than 3 HYDE PARK CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

3 HYDE PARK CLOSE: Plot and Title Map

3 HYDE PARK CLOSE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 3 HYDE PARK 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 HYDE PARK 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 HYDE PARK CLOSE?

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