4, MERCURY CLOSE, NORTH HYKEHAM, LINCOLN, LN6 9FH - £335,000

4 MERCURY CLOSE is a large extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £335,000 in February 2023, which was around 8% above the average February 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

4 MERCURY CLOSE Sold Prices

Land registry data shows three sales for 4 MERCURY 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. The three 4 MERCURY CLOSE sales were a mix of above the average price, and roughly equal to 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
2023 21 FEB	£335,000	£311,443	8% above HPI
2010 12 NOV	£187,500	£187,976	Close to HPI
2010 12 MAR	£186,500	£180,892	3% above HPI

4 MERCURY 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 4 MERCURY CLOSE sales between March 2010 and February 2023 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 November 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 4 MERCURY CLOSE?

4 MERCURY CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% 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 4 MERCURY CLOSE lies on this distribution: 79% of detached houses are smaller than 4 MERCURY CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

4 MERCURY CLOSE: Plot and Title Map

4 MERCURY CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 4 MERCURY 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 4 MERCURY 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 4 MERCURY CLOSE?

4 MERCURY CLOSE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 4 on MERCURY CLOSE.