5, ALDER CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8LU - £142,500

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

5 ALDER CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £142,500 in November 2011, which was around 21% below the average November 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

5 ALDER CLOSE Sold Prices

Land registry data shows two sales for 5 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 5 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
2011 4 NOV	£142,500	£180,290	21% below HPI
2008 22 DEC	£97,000	£174,212	44% below HPI

5 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 5 ALDER CLOSE sales from December 2008 and November 2011 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 December 2008 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2011 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 ALDER CLOSE?

5 ALDER CLOSE is 69m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 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 5 ALDER CLOSE lies on this distribution: 9% of detached houses are smaller than 5 ALDER CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

5 ALDER CLOSE: Plot and Title Map

5 ALDER CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 5 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 5 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 5 ALDER CLOSE?

5 ALDER CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 5 on ALDER CLOSE.