2, STEVENSON CLOSE, HEIGHINGTON, LINCOLN, LN4 1GP - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 STEVENSON CLOSE is a very small terraced house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £234,805. It was last sold for £195,000 in July 2020, which was around 40% above the average July 2020 terraced price in the North Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

2 STEVENSON CLOSE Sold Prices

Land registry data shows four sales for 2 STEVENSON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. All of the four 2 STEVENSON 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
2020 2 JUL	£195,000	£139,065	40% above HPI
2018 17 JUL	£180,000	£134,480	34% above HPI
2002 15 JUL	£94,950	£54,230	75% above HPI
1999 30 JUN	£56,500	£35,321	60% above HPI

2 STEVENSON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The four 2 STEVENSON CLOSE sales between June 1999 and July 2020 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 2018 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2020 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 2 STEVENSON CLOSE be worth now?

2 STEVENSON CLOSE might now be worth an estimated £234,805.

This is based on house price inflation of 20.4%, between July 2020 and June 2025, for terraced houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.4% inflationary increase is applied to the most recent sale price for 2 STEVENSON CLOSE of £195,000 on 2nd July 2020. For the value to have increased from £195,000 to £234,805 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 2 STEVENSON CLOSE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The July 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STEVENSON CLOSE has not materially changed since July 2020.

How Large is 2 STEVENSON CLOSE?

2 STEVENSON CLOSE is 72m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of terraced houses houses in Heighington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Heighington, and where 2 STEVENSON CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 2 STEVENSON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Heighington.

2 STEVENSON CLOSE: Plot and Title Map

2 STEVENSON CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 2 STEVENSON 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 2 STEVENSON 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 2 STEVENSON CLOSE?

2 STEVENSON CLOSE is located in HEIGHINGTON, in the LN4 postcode district. The below map shows the position of No. 2 on STEVENSON CLOSE.