13, MAGNOLIA CLOSE, BRANSTON, LINCOLN, LN4 1PW - £240,000

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

13 MAGNOLIA CLOSE is a midsized extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £240,000 in October 2020, which was around 9% below the average October 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

13 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 13 MAGNOLIA 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 13 MAGNOLIA 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
2020 16 OCT	£240,000	£264,224	9% below HPI
1998 31 JUL	£59,500	£67,196	11% below HPI

13 MAGNOLIA 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 13 MAGNOLIA CLOSE sales from July 1998 and October 2020 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 July 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 13 MAGNOLIA CLOSE?

13 MAGNOLIA CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 50% of detached houses in Branston, based on EPC data. The below chart shows the distribution of detached houses by size in Branston, and where 13 MAGNOLIA CLOSE lies on this distribution: 48% of detached houses are smaller than 13 MAGNOLIA CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Branston.

13 MAGNOLIA CLOSE: Plot and Title Map

13 MAGNOLIA CLOSE sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 13 MAGNOLIA 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 13 MAGNOLIA 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 13 MAGNOLIA CLOSE?

13 MAGNOLIA CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 13 on MAGNOLIA CLOSE.