9, DERWENT CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8ER - £158,000

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

9 DERWENT CLOSE is a small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £158,000 in June 2009, which was around 8% below the average June 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

9 DERWENT CLOSE Sold Prices

Land registry data shows four sales for 9 DERWENT 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. One of the four 9 DERWENT CLOSE sales was for below the average price, whilst two 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
2009 12 JUN	£158,000	£170,844	8% below HPI
2004 21 JUL	£195,000	£168,745	16% above HPI
1999 9 APR	£76,950	£69,804	10% above HPI
1997 9 SEP	£66,000	£65,897	Close to HPI

9 DERWENT 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 9 DERWENT CLOSE sales between September 1997 and June 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 July 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2009 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 9 DERWENT CLOSE?

9 DERWENT CLOSE is 93m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% 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 9 DERWENT CLOSE lies on this distribution: 39% of detached houses are smaller than 9 DERWENT CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

9 DERWENT CLOSE: Plot and Title Map

9 DERWENT CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 9 DERWENT 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 9 DERWENT 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 9 DERWENT CLOSE?

9 DERWENT CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 9 on DERWENT CLOSE.