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
15 BEECH CLOSE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £266,000 in August 2022, which was around 29% below the average August 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 15 BEECH CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 15 BEECH 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 |
---|---|---|---|
2022 19 AUG | £266,000 | £374,762 | 29% below HPI |
2014 8 AUG | £155,000 | £231,772 | 33% below HPI |
2005 3 OCT | £162,000 | £218,236 | 26% below HPI |
2001 24 AUG | £89,000 | £122,880 | 28% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 15 BEECH CLOSE sales between August 2001 and August 2022 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 August 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
15 BEECH CLOSE is 77m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 15 BEECH CLOSE lies on this distribution: 10% of detached houses are smaller than 15 BEECH CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.
15 BEECH CLOSE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 15 BEECH 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 15 BEECH 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.
15 BEECH CLOSE is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 15 on BEECH CLOSE.