3, OULTON CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8EU - £230,000

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 OULTON CLOSE is a small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £230,000 in July 2023, which was around 25% below the average July 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

3 OULTON CLOSE Sold Prices

Land registry data shows four sales for 3 OULTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. two of the four 3 OULTON CLOSE sales were for below the average price, and four 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
2023 6 JUL	£230,000	£306,567	25% below HPI
2018 29 MAR	£200,000	£238,220	16% below HPI
2002 3 DEC	£135,000	£123,929	9% above HPI
1996 23 FEB	£58,500	£57,624	2% above HPI

3 OULTON 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 four 3 OULTON CLOSE sales between February 1996 and July 2023 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 March 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 OULTON CLOSE?

3 OULTON CLOSE is 87m², which includes three extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% 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 OULTON CLOSE lies on this distribution: 30% of detached houses are smaller than 3 OULTON CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

3 OULTON CLOSE: Plot and Title Map

3 OULTON CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 3 OULTON 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 OULTON 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 OULTON CLOSE?

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