12, WYATT CLOSE, MARTIN, LINCOLN, LN4 3RN - £285,000

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

12 WYATT CLOSE is a midsized extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £285,000 in September 2021, which was around 1% above the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

12 WYATT CLOSE Sold Prices

Land registry data shows four sales for 12 WYATT 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. Most of the four 12 WYATT 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
2021 30 SEP	£285,000	£281,947	1% above HPI
2002 30 APR	£97,500	£99,272	2% below HPI
1996 6 DEC	£52,500	£63,671	18% below HPI
1996 29 MAR	£56,000	£57,713	3% below HPI

12 WYATT 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 WYATT CLOSE sales between March 1996 and September 2021 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 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 12 WYATT CLOSE?

12 WYATT CLOSE is 127m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of detached houses in Martin, based on EPC data. The below chart shows the distribution of detached houses by size in Martin, and where 12 WYATT CLOSE lies on this distribution: 42% of detached houses are smaller than 12 WYATT CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Martin.

12 WYATT CLOSE: Plot and Title Map

12 WYATT CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 12 WYATT 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 WYATT 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 WYATT CLOSE?

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