1, MALUS CLOSE, BRANSTON, LINCOLN, LN4 1PT - £175,000

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.

1 MALUS CLOSE is a small extended detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £207,404. It was last sold for £175,000 in December 2019, which was around 31% below the average December 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

1 MALUS CLOSE Sold Prices

Land registry data shows three sales for 1 MALUS 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 1 MALUS 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
2019 6 DEC	£175,000	£255,449	31% below HPI
2004 27 JUL	£142,000	£166,608	15% below HPI
1995 24 FEB	£51,500	£62,942	18% below HPI

1 MALUS 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 1 MALUS CLOSE sales between February 1995 and December 2019 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1 MALUS CLOSE be worth now?

1 MALUS CLOSE might now be worth an estimated £207,404.

This is based on house price inflation of 18.5%, between December 2019 and February 2025, for 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 18.5% inflationary increase is applied to the most recent sale price for 1 MALUS CLOSE of £175,000 on 6th December 2019. For the value to have increased from £175,000 to £207,404 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 MALUS CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MALUS CLOSE has not materially changed since December 2019.

How Large is 1 MALUS CLOSE?

1 MALUS CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses houses in Branston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Branston, and where 1 MALUS CLOSE lies on this distribution: 38% of detached houses houses are smaller than 1 MALUS CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Branston.

1 MALUS CLOSE: Plot and Title Map

1 MALUS CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 1 MALUS 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 1 MALUS 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 1 MALUS CLOSE?

1 MALUS CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 1 on MALUS CLOSE.