6, GRASSMOOR CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9TD - £227,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 GRASSMOOR CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £227,500 in July 2021, which was around 18% below the average July 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

6 GRASSMOOR CLOSE Sold Prices

Land registry data shows two sales for 6 GRASSMOOR 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 6 GRASSMOOR 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 22 JUL	£227,500	£275,781	18% below HPI
2018 17 JUL	£185,000	£250,557	26% below HPI

6 GRASSMOOR 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 6 GRASSMOOR CLOSE sales from July 2018 and July 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 July 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 6 GRASSMOOR CLOSE?

6 GRASSMOOR CLOSE is 78m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 6 GRASSMOOR CLOSE lies on this distribution: 19% of detached houses are smaller than 6 GRASSMOOR CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

6 GRASSMOOR CLOSE: Plot and Title Map

6 GRASSMOOR CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 6 GRASSMOOR 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 6 GRASSMOOR 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 6 GRASSMOOR CLOSE?

6 GRASSMOOR CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 6 on GRASSMOOR CLOSE.