7, LEYS CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9FF - £382,500

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

7 LEYS CLOSE is a very large detached house of 156m², built sometime between 2003 and 2006. It was last sold for £382,500 in September 2017, which was around 63% above the average September 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

7 LEYS CLOSE Sold Prices

Land registry data shows two sales for 7 LEYS 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 7 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
2017 12 SEP	£382,500	£234,209	63% above HPI
2004 20 FEB	£270,000	£157,882	71% above HPI

7 LEYS 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 7 LEYS CLOSE sales from February 2004 and September 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 February 2004 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the September 2017 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 7 LEYS CLOSE?

7 LEYS CLOSE is 156m² according to the EPC inspection conducted in November 2016. This puts it in the largest 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 7 LEYS CLOSE lies on this distribution: 89% of detached houses are smaller than 7 LEYS CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

7 LEYS CLOSE: Plot and Title Map

7 LEYS CLOSE sits on a plot of roughly 0.281 of an acre, or 1,138m². The below map shows the location of 7 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 7 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.

Where is 7 LEYS CLOSE?

7 LEYS CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 7 on LEYS CLOSE.