7, SKERRIES CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8UN - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 SKERRIES CLOSE is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £265,000 in January 2024, which was around 13% below the average January 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

7 SKERRIES CLOSE Sold Prices

Land registry data shows three sales for 7 SKERRIES 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 7 SKERRIES 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
2024 26 JAN	£265,000	£304,393	13% below HPI
2018 29 NOV	£195,000	£256,562	24% below HPI
2012 3 AUG	£128,000	£180,072	29% below HPI

7 SKERRIES 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 7 SKERRIES CLOSE sales between August 2012 and January 2024 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 November 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 SKERRIES CLOSE?

7 SKERRIES CLOSE is 59m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 7 SKERRIES CLOSE lies on this distribution: 3% of detached houses are smaller than 7 SKERRIES CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

7 SKERRIES CLOSE: Plot and Title Map

7 SKERRIES CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 7 SKERRIES 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 SKERRIES 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 SKERRIES CLOSE?

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