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 PATELEY MOOR CLOSE is a very small detached house of 50m², built sometime between 1967 and 1975. It was last sold for £180,000 in January 2019, which was around 30% below the average January 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 PATELEY MOOR CLOSE since 1st 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 PATELEY MOOR 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 |
---|---|---|---|
2019 16 JAN | £180,000 | £256,384 | 30% below HPI |
2018 22 FEB | £168,000 | £240,862 | 30% below HPI |
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 PATELEY MOOR CLOSE sales from February 2018 and January 2019 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 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2019 sale, which was also at 30% below the HPI.
8 PATELEY MOOR CLOSE is 50m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 PATELEY MOOR CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 8 PATELEY MOOR CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
8 PATELEY MOOR CLOSE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 8 PATELEY MOOR 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 PATELEY MOOR 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.
8 PATELEY MOOR CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 8 on PATELEY MOOR CLOSE.