4A, LADDS MILL CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9QP - £225,000

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

4A LADDS MILL CLOSE is a large detached house of 123m². It was last sold for £225,000 in September 2015, which was around 7% above the average September 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.

4A LADDS MILL CLOSE Sold Prices

Land registry data shows two sales for 4A LADDS 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 4A LADDS 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
2015 10 SEP	£225,000	£210,030	7% above HPI
2013 5 APR	£245,000	£178,124	38% above HPI

4A LADDS 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 4A LADDS MILL CLOSE sales from April 2013 and September 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 April 2013 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 4A LADDS MILL CLOSE be worth now?

4A LADDS MILL CLOSE might now be worth an estimated £315,644.

This is based on house price inflation of 40.3%, between September 2015 and December 2024, for 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 40.3% inflationary increase is applied to the most recent sale price for 4A LADDS MILL CLOSE of £225,000 on 10th September 2015. For the value to have increased from £225,000 to £315,644 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 4A LADDS MILL CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2015 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 4A LADDS MILL CLOSE has not materially changed since September 2015.

How Large is 4A LADDS MILL CLOSE?

4A LADDS MILL CLOSE is 123m² according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 4A LADDS MILL CLOSE lies on this distribution: 70% of detached houses houses are smaller than 4A LADDS MILL CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

4A LADDS MILL CLOSE: Plot and Title Map

4A LADDS MILL CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 4A LADDS 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 4A LADDS 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 4A LADDS MILL CLOSE?

4A LADDS MILL CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 4A on LADDS MILL CLOSE.