1, MIDWAY CLOSE, NETTLEHAM, LINCOLN, LN2 2TE - £183,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MIDWAY CLOSE is a very small extended detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £277,403. It was last sold for £183,000 in September 2014, which was around 3% below the average September 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

1 MIDWAY CLOSE Sold Prices

Land registry data shows three sales for 1 MIDWAY 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 West Lindsey local authority area for the corresponding sale date. All of the three 1 MIDWAY 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
2014 22 SEP	£183,000	£187,958	3% below HPI
2002 27 FEB	£78,000	£97,631	20% below HPI
2001 18 APR	£77,000	£83,000	7% below HPI

1 MIDWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 1 MIDWAY CLOSE sales between April 2001 and September 2014 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 February 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 1 MIDWAY CLOSE be worth now?

1 MIDWAY CLOSE might now be worth an estimated £277,403.

This is based on house price inflation of 51.6%, between September 2014 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.6% inflationary increase is applied to the most recent sale price for 1 MIDWAY CLOSE of £183,000 on 22nd September 2014. For the value to have increased from £183,000 to £277,403 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 MIDWAY CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2014 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MIDWAY CLOSE has not materially changed since September 2014.

How Large is 1 MIDWAY CLOSE?

1 MIDWAY CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nettleham, and where 1 MIDWAY CLOSE lies on this distribution: 8% of detached houses houses are smaller than 1 MIDWAY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

1 MIDWAY CLOSE: Plot and Title Map

1 MIDWAY CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 1 MIDWAY 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 MIDWAY 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 MIDWAY CLOSE?

1 MIDWAY CLOSE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 1 on MIDWAY CLOSE.