8, ELM CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8LT - £146,000

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 ELM CLOSE is a midsized extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £146,000 in October 2009, which was around 18% below the average October 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

8 ELM CLOSE Sold Prices

Land registry data shows two sales for 8 ELM 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 8 ELM 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
2009 30 OCT	£146,000	£178,798	18% below HPI
2004 3 DEC	£125,000	£172,625	28% below HPI

8 ELM 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 8 ELM CLOSE sales from December 2004 and October 2009 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 December 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2009 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 ELM CLOSE?

8 ELM CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 50% 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 ELM CLOSE lies on this distribution: 56% of detached houses are smaller than 8 ELM CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

8 ELM CLOSE: Plot and Title Map

8 ELM CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 8 ELM 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 ELM 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 ELM CLOSE?

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