9, OULTON CLOSE, NORTH HYKEHAM, LINCOLN, LN6 8EU - £242,500

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

9 OULTON CLOSE is a very small extended detached house of 58m², built sometime between 1967 and 1975. It was last sold for £242,500 in May 2021, which was around 11% below the average May 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

9 OULTON CLOSE Sold Prices

Land registry data shows three sales for 9 OULTON CLOSE since 1^st 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 9 OULTON 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
2021 21 MAY	£242,500	£271,609	11% below HPI
2018 14 MAR	£158,000	£238,220	34% below HPI
2015 21 AUG	£160,000	£208,390	23% below HPI

9 OULTON 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 three 9 OULTON CLOSE sales between August 2015 and May 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 March 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 9 OULTON CLOSE?

9 OULTON CLOSE is 58m², which includes one extension, according to the EPC inspection conducted in June 2015. 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 9 OULTON CLOSE lies on this distribution: 2% of detached houses are smaller than 9 OULTON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

9 OULTON CLOSE: Plot and Title Map

9 OULTON CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 9 OULTON 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 OULTON 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 OULTON CLOSE?

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