31, ALDER CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8LU - £161,000

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

31 ALDER CLOSE is a small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £161,000 in October 2013, which was around 15% below the average October 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

31 ALDER CLOSE Sold Prices

Land registry data shows two sales for 31 ALDER 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 31 ALDER 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
2013 23 OCT	£161,000	£189,493	15% below HPI
2012 1 AUG	£159,950	£180,072	11% below HPI

31 ALDER 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 31 ALDER CLOSE sales from August 2012 and October 2013 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 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2013 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 31 ALDER CLOSE?

31 ALDER CLOSE is 84m² according to the EPC inspection conducted in February 2013. 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 31 ALDER CLOSE lies on this distribution: 27% of detached houses are smaller than 31 ALDER CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

31 ALDER CLOSE: Plot and Title Map

31 ALDER CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 31 ALDER 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 31 ALDER 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 31 ALDER CLOSE?

31 ALDER CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 31 on ALDER CLOSE.