8, LAKE VIEW CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9SW - £153,000

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

8 LAKE VIEW CLOSE is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £153,000 in February 2014, which was around 18% below the average February 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

8 LAKE VIEW CLOSE Sold Prices

Land registry data shows four sales for 8 LAKE VIEW 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. two of the four 8 LAKE VIEW CLOSE sales were for below the average price, and four 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
2014 28 FEB	£153,000	£186,057	18% below HPI
2005 20 MAY	£160,000	£178,881	11% below HPI
2002 13 DEC	£134,000	£123,929	8% above HPI
1996 24 MAY	£68,500	£62,083	10% above HPI

8 LAKE VIEW 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 LAKE VIEW CLOSE sales between May 1996 and February 2014 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 May 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 LAKE VIEW CLOSE?

8 LAKE VIEW CLOSE is 84m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% 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 LAKE VIEW CLOSE lies on this distribution: 28% of detached houses are smaller than 8 LAKE VIEW CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

8 LAKE VIEW CLOSE: Plot and Title Map

8 LAKE VIEW CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 8 LAKE VIEW 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 LAKE VIEW 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 LAKE VIEW CLOSE?

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