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 REGENTS PARK CLOSE is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £179,950 in June 2017, which was around 25% below the average June 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 5 REGENTS PARK CLOSE since 1st 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 5 REGENTS PARK 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 |
---|---|---|---|
2017 29 JUN | £179,950 | £238,419 | 25% below HPI |
2015 17 APR | £120,000 | £197,486 | 39% below HPI |
1999 17 FEB | £54,000 | £70,979 | 24% below HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 5 REGENTS PARK CLOSE sales between February 1999 and June 2017 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 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
5 REGENTS PARK CLOSE is 93m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% 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 REGENTS PARK CLOSE lies on this distribution: 37% of detached houses are smaller than 5 REGENTS PARK CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
5 REGENTS PARK CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 5 REGENTS PARK 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 REGENTS PARK 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 REGENTS PARK CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 5 on REGENTS PARK CLOSE.