6, MONTROSE CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8NW - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 MONTROSE CLOSE is a very large extended detached house of 199m², built sometime between 1950 and 1966, which could now be worth an estimated £333,901. It was last sold for £320,000 in March 2022, which was around 8% above the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

6 MONTROSE CLOSE Sold Prices

Land registry data shows three sales for 6 MONTROSE 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 6 MONTROSE 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
2022 4 MAR	£320,000	£295,020	8% above HPI
2014 31 JAN	£204,000	£182,558	12% above HPI
1999 26 MAR	£89,950	£69,840	29% above HPI

6 MONTROSE 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 6 MONTROSE CLOSE sales between March 1999 and March 2022 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 January 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 6 MONTROSE CLOSE be worth now?

6 MONTROSE CLOSE might now be worth an estimated £333,901.

This is based on house price inflation of 4.3%, between March 2022 and March 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.3% inflationary increase is applied to the most recent sale price for 6 MONTROSE CLOSE of £320,000 on 4th March 2022. For the value to have increased from £320,000 to £333,901 over the three years to March 2025, the following assumptions must hold true:

• The value of 6 MONTROSE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MONTROSE CLOSE has not materially changed since March 2022.

How Large is 6 MONTROSE CLOSE?

6 MONTROSE CLOSE is 199m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 6 MONTROSE CLOSE lies on this distribution: 97% of detached houses houses are smaller than 6 MONTROSE CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

6 MONTROSE CLOSE: Plot and Title Map

6 MONTROSE CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 6 MONTROSE 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 MONTROSE 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 MONTROSE CLOSE?

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