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

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.

8 ALFORD MILL CLOSE is a very small semi-detached house of 37m², built sometime between 1976 and 1982, which could now be worth an estimated £162,634. It was last sold for £97,000 in September 2013, which was around 20% below the average September 2013 semi-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 semi-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	£121,556	20% below HPI
2011 15 JUL	£85,000	£117,746	28% below HPI
2010 8 OCT	£95,000	£120,686	21% below HPI
2000 17 MAR	£36,000	£45,329	21% below HPI

8 ALFORD MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2013 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 ALFORD MILL CLOSE be worth now?

8 ALFORD MILL CLOSE might now be worth an estimated £162,634.

This is based on house price inflation of 67.7%, between September 2013 and February 2025, for semi-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 67.7% inflationary increase is applied to the most recent sale price for 8 ALFORD MILL CLOSE of £97,000 on 20th September 2013. For the value to have increased from £97,000 to £162,634 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 ALFORD MILL CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The September 2013 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ALFORD MILL CLOSE has not materially changed since September 2013.

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 semi-detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Hykeham, and where 8 ALFORD MILL CLOSE lies on this distribution: Less than 1% of semi-detached houses 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.