3, POST MILL CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9HL - £186,000

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 POST MILL CLOSE is a midsized detached house of 96m², built sometime between 2003 and 2006. It was last sold for £186,000 in August 2014, which was around 6% below the average August 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

3 POST MILL CLOSE Sold Prices

Land registry data shows two sales for 3 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. Both of the two 3 POST MILL 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
2014 29 AUG	£186,000	£198,291	6% below HPI
2008 21 JUL	£177,000	£193,652	9% below HPI

3 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 3 POST MILL CLOSE sales from July 2008 and August 2014 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 July 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2014 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 3 POST MILL CLOSE?

3 POST MILL CLOSE is 96m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% 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 POST MILL CLOSE lies on this distribution: 41% of detached houses are smaller than 3 POST MILL CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

3 POST MILL CLOSE: Plot and Title Map

3 POST MILL CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 3 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 3 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 3 POST MILL CLOSE?

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