59, FURNACE CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9ZR - £247,500

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

59 FURNACE CLOSE is a midsized detached house of 100m². It was last sold for £247,500 in September 2021, which was around 12% below the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

59 FURNACE CLOSE Sold Prices

Land registry data shows three sales for 59 FURNACE CLOSE since 1^st 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 59 FURNACE 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
2021 29 SEP	£247,500	£281,947	12% below HPI
2019 24 SEP	£220,000	£254,667	14% below HPI
2018 29 MAR	£234,999	£238,220	1% below HPI

59 FURNACE 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 three 59 FURNACE CLOSE sales between March 2018 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 September 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 59 FURNACE CLOSE?

59 FURNACE CLOSE is 100m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% 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 59 FURNACE CLOSE lies on this distribution: 45% of detached houses are smaller than 59 FURNACE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

59 FURNACE CLOSE: Plot and Title Map

59 FURNACE CLOSE sits on a plot of roughly 22.6 acres, or 91,594m². The below map shows the location of 59 FURNACE 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 59 FURNACE 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 59 FURNACE CLOSE?

59 FURNACE CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 59 on FURNACE CLOSE.