8, ALFORD MILL CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9QR - £97,000

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

8 ALFORD MILL CLOSE is a very small semi-detached house of 37m², built sometime between 1976 and 1982. It was last sold for £97,000 in September 2013, which was around 48% below the average September 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

8 ALFORD MILL CLOSE Sold Prices

Land registry data shows four sales for 8 ALFORD MILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 8 ALFORD MILL 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
2013 20 SEP	£97,000	£187,148	48% below HPI
2011 15 JUL	£85,000	£181,357	53% below HPI
2010 8 OCT	£95,000	£186,859	49% below HPI
2000 17 MAR	£36,000	£74,351	52% below HPI

8 ALFORD MILL 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 four 8 ALFORD MILL CLOSE sales between March 2000 and September 2013 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 July 2011 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the September 2013 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 8 ALFORD MILL CLOSE?

8 ALFORD MILL CLOSE is 37m² according to the EPC inspection conducted in April 2011. 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 8 ALFORD MILL CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 8 ALFORD MILL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

8 ALFORD MILL CLOSE: Plot and Title Map

8 ALFORD MILL CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 8 ALFORD MILL 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 8 ALFORD MILL 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 8 ALFORD MILL CLOSE?

8 ALFORD MILL CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 8 on ALFORD MILL CLOSE.