7, LYNMOUTH CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8UJ - £350,000

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.

7 LYNMOUTH CLOSE is a midsized extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £352,631. It was last sold for £350,000 in June 2022, which was around 16% above the average June 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 LYNMOUTH CLOSE Sold Prices

Land registry data shows two sales for 7 LYNMOUTH 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. One of the two 7 LYNMOUTH CLOSE sales was for above the average price, whilst the other was 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
2022 24 JUN	£350,000	£300,490	16% above HPI
2018 20 AUG	£200,000	£250,034	20% below HPI

7 LYNMOUTH 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 LYNMOUTH CLOSE sales from August 2018 and June 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 August 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 7 LYNMOUTH CLOSE be worth now?

7 LYNMOUTH CLOSE might now be worth an estimated £352,631.

This is based on house price inflation of 0.8%, between June 2022 and February 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 0.8% inflationary increase is applied to the most recent sale price for 7 LYNMOUTH CLOSE of £350,000 on 24th June 2022. For the value to have increased from £350,000 to £352,631 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 7 LYNMOUTH CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LYNMOUTH CLOSE has not materially changed since June 2022.

How Large is 7 LYNMOUTH CLOSE?

7 LYNMOUTH CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% 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 7 LYNMOUTH CLOSE lies on this distribution: 49% of detached houses houses are smaller than 7 LYNMOUTH CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

7 LYNMOUTH CLOSE: Plot and Title Map

7 LYNMOUTH CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 7 LYNMOUTH 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 LYNMOUTH 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 LYNMOUTH CLOSE?

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