31, SPENNYMOOR CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9TE - £180,000

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

31 SPENNYMOOR CLOSE is a midsized extended semi-detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £264,401. It was last sold for £180,000 in August 2015, which was around 33% above the average August 2015 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

31 SPENNYMOOR CLOSE Sold Prices

Land registry data shows two sales for 31 SPENNYMOOR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 31 SPENNYMOOR CLOSE sales 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
2015 26 AUG	£180,000	£135,272	33% above HPI
2007 14 MAR	£157,500	£126,594	24% above HPI

31 SPENNYMOOR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 31 SPENNYMOOR CLOSE sales from March 2007 and August 2015 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 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2015 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 31 SPENNYMOOR CLOSE be worth now?

31 SPENNYMOOR CLOSE might now be worth an estimated £264,401.

This is based on house price inflation of 46.9%, between August 2015 and December 2024, for semi-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 46.9% inflationary increase is applied to the most recent sale price for 31 SPENNYMOOR CLOSE of £180,000 on 26th August 2015. For the value to have increased from £180,000 to £264,401 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 31 SPENNYMOOR CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The August 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SPENNYMOOR CLOSE has not materially changed since August 2015.

How Large is 31 SPENNYMOOR CLOSE?

31 SPENNYMOOR CLOSE is 97m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of semi-detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Hykeham, and where 31 SPENNYMOOR CLOSE lies on this distribution: 42% of semi-detached houses houses are smaller than 31 SPENNYMOOR CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

31 SPENNYMOOR CLOSE: Plot and Title Map

31 SPENNYMOOR CLOSE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 31 SPENNYMOOR 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 SPENNYMOOR 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 SPENNYMOOR CLOSE?

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