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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MALUS CLOSE is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £175,000 in December 2019, which was around 32% 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	£258,726	32% below HPI
2004 27 JUL	£142,000	£168,745	16% below HPI
1995 24 FEB	£51,500	£63,750	19% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

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 in Branston, based on EPC data. The below chart shows the distribution of detached houses by size in Branston, and where 1 MALUS CLOSE lies on this distribution: 38% of detached 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.