12, CHESTNUT CLOSE, NOCTON, LINCOLN, LN4 2DJ - £276,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 CHESTNUT CLOSE is a small detached house of 115m², built sometime between 2003 and 2006. It was last sold for £276,000 in December 2018, which was around 7% above the average December 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

12 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 12 CHESTNUT 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 12 CHESTNUT CLOSE sales were for above 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
2018 17 DEC	£276,000	£257,372	7% above HPI
2010 23 MAR	£195,000	£180,892	8% above HPI

12 CHESTNUT 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 12 CHESTNUT CLOSE sales from March 2010 and December 2018 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 March 2010 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 12 CHESTNUT CLOSE?

12 CHESTNUT CLOSE is 115m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in Nocton, based on EPC data. The below chart shows the distribution of detached houses by size in Nocton, and where 12 CHESTNUT CLOSE lies on this distribution: 31% of detached houses are smaller than 12 CHESTNUT CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Nocton.

12 CHESTNUT CLOSE: Plot and Title Map

12 CHESTNUT CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 12 CHESTNUT 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 12 CHESTNUT 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 12 CHESTNUT CLOSE?

12 CHESTNUT CLOSE is located in NOCTON, in the LN4 postcode district. The below map shows the position of No. 12 on CHESTNUT CLOSE.