11, MARTIN CLOSE, SKELLINGTHORPE, LINCOLN, LN6 5SD - £170,000

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

11 MARTIN CLOSE is a midsized extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £213,225. It was last sold for £170,000 in July 2017, which was around 28% below the average July 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

11 MARTIN CLOSE Sold Prices

Land registry data shows two sales for 11 MARTIN 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 11 MARTIN 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
2017 14 JUL	£170,000	£234,913	28% below HPI
2010 22 JAN	£90,000	£180,589	50% below HPI

11 MARTIN 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 11 MARTIN CLOSE sales from January 2010 and July 2017 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 January 2010 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 MARTIN CLOSE be worth now?

11 MARTIN CLOSE might now be worth an estimated £213,225.

This is based on house price inflation of 25.4%, between July 2017 and December 2024, 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 25.4% inflationary increase is applied to the most recent sale price for 11 MARTIN CLOSE of £170,000 on 14th July 2017. For the value to have increased from £170,000 to £213,225 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 11 MARTIN CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The July 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MARTIN CLOSE has not materially changed since July 2017.

How Large is 11 MARTIN CLOSE?

11 MARTIN CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skellingthorpe, and where 11 MARTIN CLOSE lies on this distribution: 51% of detached houses houses are smaller than 11 MARTIN CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

11 MARTIN CLOSE: Plot and Title Map

11 MARTIN CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 11 MARTIN 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 11 MARTIN 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 11 MARTIN CLOSE?

11 MARTIN CLOSE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 11 on MARTIN CLOSE.