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 CHEVIOT CLOSE is a very large extended detached house of 149m², built sometime between 1996 and 2002. It was last sold for £325,000 in June 2016, which was around 47% above the average June 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 CHEVIOT CLOSE since 1st 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 CHEVIOT 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 |
---|---|---|---|
2016 28 JUN | £325,000 | £221,506 | 47% above HPI |
1999 22 JUL | £125,000 | £71,360 | 75% above HPI |
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 CHEVIOT CLOSE sales from July 1999 and June 2016 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 July 1999 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the June 2016 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.
5 CHEVIOT CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in June 2015. 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 5 CHEVIOT CLOSE lies on this distribution: 87% of detached houses are smaller than 5 CHEVIOT CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
5 CHEVIOT CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 5 CHEVIOT 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 CHEVIOT 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.
5 CHEVIOT CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 5 on CHEVIOT CLOSE.