11, MELLOWS CLOSE, REEPHAM, LINCOLN, LN3 4DT - £250,000

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

11 MELLOWS CLOSE is a small extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £250,000 in March 2024, which was around 9% below the average March 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

11 MELLOWS CLOSE Sold Prices

Land registry data shows two sales for 11 MELLOWS 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 West Lindsey local authority area for the corresponding sale date. Both of the two 11 MELLOWS 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
2024 20 MAR	£250,000	£275,980	9% below HPI
2004 29 OCT	£153,000	£172,079	11% below HPI

11 MELLOWS 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 two 11 MELLOWS CLOSE sales from October 2004 and March 2024 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 October 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 11 MELLOWS CLOSE?

11 MELLOWS CLOSE is 111m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 11 MELLOWS CLOSE lies on this distribution: 38% of detached houses are smaller than 11 MELLOWS CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Reepham.

11 MELLOWS CLOSE: Plot and Title Map

11 MELLOWS CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 11 MELLOWS 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 MELLOWS 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 MELLOWS CLOSE?

11 MELLOWS CLOSE is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 11 on MELLOWS CLOSE.