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 LEYS CLOSE is a very large extended detached house of 319m², built sometime between 2003 and 2006. It was last sold for £527,000 in October 2023, which was around 76% above the average October 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 6 LEYS CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 6 LEYS 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 |
---|---|---|---|
2023 4 OCT | £527,000 | £298,735 | 76% above HPI |
2020 21 AUG | £450,000 | £263,815 | 71% above HPI |
2014 4 APR | £387,500 | £192,004 | 102% above HPI |
2003 2 OCT | £312,500 | £148,445 | 111% above HPI |
2002 29 APR | £40,500 | £99,272 | 59% 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 five 6 LEYS CLOSE sales between April 2002 and October 2023 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 August 2020 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the October 2023 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.
6 LEYS CLOSE is 319m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 6 LEYS CLOSE lies on this distribution: More than 99% of detached houses are smaller than 6 LEYS CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
6 LEYS CLOSE sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of 6 LEYS 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 LEYS 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.
6 LEYS CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 6 on LEYS CLOSE.