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 HEATHER GARDENS is a very large extended detached house of 151m², built sometime between 2003 and 2006. It was last sold for £362,000 in April 2021, which was around 32% above the average April 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 HEATHER GARDENS since 1st 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 8 HEATHER GARDENS sales were for above 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 |
---|---|---|---|
2021 19 APR | £362,000 | £273,517 | 32% above HPI |
2016 17 FEB | £295,000 | £216,943 | 36% above HPI |
2007 23 JAN | £249,995 | £189,078 | 32% above HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 8 HEATHER GARDENS sales between January 2007 and April 2021 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 February 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the April 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.
8 HEATHER GARDENS is 151m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% 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 HEATHER GARDENS lies on this distribution: 88% of detached houses are smaller than 8 HEATHER GARDENS, and 12% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
8 HEATHER GARDENS sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 8 HEATHER GARDENS, 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 HEATHER GARDENS). 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.
8 HEATHER GARDENS is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 8 on HEATHER GARDENS.