48, POST MILL CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9HL - £425,000

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

48 POST MILL CLOSE is a very large detached house of 179m², built sometime between 2007 and 2011. It was last sold for £425,000 in September 2021, which was around 51% above the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

48 POST MILL CLOSE Sold Prices

Land registry data shows two sales for 48 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 48 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 24 SEP	£425,000	£281,947	51% above HPI
2010 5 MAR	£320,000	£180,892	77% above HPI

48 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 48 POST MILL CLOSE sales from March 2010 and September 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 March 2010 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the September 2021 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 48 POST MILL CLOSE?

48 POST MILL CLOSE is 179m² according to the EPC inspection conducted in May 2021. This puts it in the largest 10% 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 48 POST MILL CLOSE lies on this distribution: 95% of detached houses are smaller than 48 POST MILL CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

48 POST MILL CLOSE: Plot and Title Map

48 POST MILL CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 48 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 48 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 48 POST MILL CLOSE?

48 POST MILL CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 48 on POST MILL CLOSE.