10, MAGNOLIA CLOSE, BRANSTON, LINCOLN, LN4 1PW - £215,000

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

10 MAGNOLIA CLOSE is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £215,000 in August 2019, which was around 15% below the average August 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2023, where the current energy rating was B, and the potential energy rating was B.

10 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 10 MAGNOLIA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 10 MAGNOLIA 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 1 AUG	£215,000	£251,679	15% below HPI
2007 17 AUG	£150,000	£202,284	26% below HPI

10 MAGNOLIA 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 two 10 MAGNOLIA CLOSE sales from August 2007 and August 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 August 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 10 MAGNOLIA CLOSE?

10 MAGNOLIA CLOSE is 86m² according to the EPC inspection conducted in January 2023. 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 10 MAGNOLIA CLOSE lies on this distribution: 31% of detached houses are smaller than 10 MAGNOLIA CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Branston.

10 MAGNOLIA CLOSE: Plot and Title Map

10 MAGNOLIA CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 10 MAGNOLIA 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 10 MAGNOLIA 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 10 MAGNOLIA CLOSE?

10 MAGNOLIA CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 10 on MAGNOLIA CLOSE.