31, MALVERN CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9PS - £142,500

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.

31 MALVERN CLOSE is a very small terraced house of 38m², built sometime between 1991 and 1995, which could now be worth an estimated £137,345. It was last sold for £142,500 in December 2022, which was around 17% below the average December 2022 terraced price in the North Kesteven local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was B.

31 MALVERN CLOSE Sold Prices

Land registry data shows six sales for 31 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. Most of the six 31 MALVERN 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
2022 20 DEC	£142,500	£171,402	17% below HPI
2016 29 MAR	£104,950	£117,734	11% below HPI
2013 14 FEB	£93,500	£97,937	5% below HPI
2006 26 JAN	£98,250	£99,700	1% below HPI
2004 12 MAR	£82,000	£82,483	1% below HPI
2002 19 DEC	£64,950	£61,330	6% above HPI

31 MALVERN 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 six 31 MALVERN CLOSE sales between December 2002 and December 2022 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 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 31 MALVERN CLOSE be worth now?

31 MALVERN CLOSE might now be worth an estimated £137,345.

This is based on house price deflation of 3.6%, between December 2022 and July 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 3.6% deflationary decrease is applied to the most recent sale price for 31 MALVERN CLOSE of £142,500 on 20th December 2022. For the value to have decreased from £142,500 to £137,345 over the three years and five months to July 2025, the following assumptions must hold true:

• The value of 31 MALVERN CLOSE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The December 2022 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 31 MALVERN CLOSE has not materially changed since December 2022.

How Large is 31 MALVERN CLOSE?

31 MALVERN CLOSE is 38m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of terraced houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in North Hykeham, and where 31 MALVERN CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 31 MALVERN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

31 MALVERN CLOSE: Plot and Title Map

31 MALVERN CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 31 MALVERN 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 31 MALVERN 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 31 MALVERN CLOSE?

31 MALVERN CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 31 on MALVERN CLOSE.