42, POST MILL CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9HL - £385,000

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

42 POST MILL CLOSE is a very large detached house of 154m², built sometime between 2007 and 2011. It was last sold for £385,000 in July 2021, which was around 40% above the average July 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

42 POST MILL CLOSE Sold Prices

Land registry data shows three sales for 42 POST MILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 42 POST MILL 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
2021 27 JUL	£385,000	£275,781	40% above HPI
2014 8 AUG	£275,000	£198,291	39% above HPI
2009 30 OCT	£274,000	£178,798	53% above HPI

42 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 three 42 POST MILL CLOSE sales between October 2009 and July 2021 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 2014 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2021 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 42 POST MILL CLOSE?

42 POST MILL CLOSE is 154m² according to the EPC inspection conducted in April 2021. This puts it in the largest 20% 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 42 POST MILL CLOSE lies on this distribution: 89% of detached houses are smaller than 42 POST MILL CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

42 POST MILL CLOSE: Plot and Title Map

42 POST MILL CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 42 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 42 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 42 POST MILL CLOSE?

42 POST MILL CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 42 on POST MILL CLOSE.