8, STEVENSON CLOSE, HEIGHINGTON, LINCOLN, LN4 1GP - £160,000

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.

8 STEVENSON CLOSE is a very small semi-detached house of 56m², built sometime between 2003 and 2006, which could now be worth an estimated £192,050. It was last sold for £160,000 in September 2020, which was around 6% below the average September 2020 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

8 STEVENSON CLOSE Sold Prices

Land registry data shows eight sales for 8 STEVENSON CLOSE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. The eight 8 STEVENSON CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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 7 SEP	£160,000	£170,408	6% below HPI
2018 4 MAY	£147,000	£157,905	7% below HPI
2016 3 JUN	£134,950	£142,893	6% below HPI
2007 23 NOV	£124,000	£129,396	4% below HPI
2007 14 MAR	£124,000	£126,594	2% below HPI
2003 6 JUN	£91,000	£90,794	Close to HPI
2001 1 JUN	£51,500	£51,582	Close to HPI
1999 25 JUN	£48,950	£43,113	14% above HPI

8 STEVENSON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The eight 8 STEVENSON CLOSE sales between June 1999 and September 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 May 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 STEVENSON CLOSE be worth now?

8 STEVENSON CLOSE might now be worth an estimated £192,050.

This is based on house price inflation of 20%, between September 2020 and June 2025, for semi-detached 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% inflationary increase is applied to the most recent sale price for 8 STEVENSON CLOSE of £160,000 on 7th September 2020. For the value to have increased from £160,000 to £192,050 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 8 STEVENSON CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The September 2020 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STEVENSON CLOSE has not materially changed since September 2020.

How Large is 8 STEVENSON CLOSE?

8 STEVENSON CLOSE is 56m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of semi-detached houses houses in Heighington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Heighington, and where 8 STEVENSON CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 8 STEVENSON CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Heighington.

8 STEVENSON CLOSE: Plot and Title Map

8 STEVENSON CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 8 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 8 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 8 STEVENSON CLOSE?

8 STEVENSON CLOSE is located in HEIGHINGTON, in the LN4 postcode district. The below map shows the position of No. 8 on STEVENSON CLOSE.