12, MARTIN CLOSE, SKELLINGTHORPE, LINCOLN, LN6 5SD - £158,000

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 MARTIN CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £158,000 in April 2017, which was around 33% below the average April 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

12 MARTIN CLOSE Sold Prices

Land registry data shows four sales for 12 MARTIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 12 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 24 APR	£158,000	£236,126	33% below HPI
2009 6 APR	£126,500	£166,902	24% below HPI
2004 16 DEC	£127,000	£172,625	26% below HPI
1997 23 MAY	£39,000	£65,115	40% below HPI

12 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 four 12 MARTIN CLOSE sales between May 1997 and April 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 April 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 12 MARTIN CLOSE?

12 MARTIN CLOSE is 65m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Skellingthorpe, and where 12 MARTIN CLOSE lies on this distribution: 9% of detached houses are smaller than 12 MARTIN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

12 MARTIN CLOSE: Plot and Title Map

12 MARTIN CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 12 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 12 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 12 MARTIN CLOSE?

12 MARTIN CLOSE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 12 on MARTIN CLOSE.