8, LEYS CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9FF - £455,000

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 LEYS CLOSE is a very large extended detached house of 187m², built sometime between 2003 and 2006. It was last sold for £455,000 in March 2021, which was around 67% above the average March 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

8 LEYS CLOSE Sold Prices

Land registry data shows two sales for 8 LEYS 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 LEYS CLOSE 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 12 MAR	£455,000	£272,889	67% above HPI
2004 13 AUG	£248,000	£171,818	44% above HPI

8 LEYS 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 LEYS CLOSE sales from August 2004 and March 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 August 2004 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2021 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 8 LEYS CLOSE?

8 LEYS CLOSE is 187m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 LEYS CLOSE lies on this distribution: 96% of detached houses are smaller than 8 LEYS CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

8 LEYS CLOSE: Plot and Title Map

8 LEYS CLOSE sits on a plot of roughly 0.280 of an acre, or 1,133m². The below map shows the location of 8 LEYS 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 LEYS 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 LEYS CLOSE?

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