15, MADELY CLOSE, HORNCASTLE, LN9 6RQ - £210,000

15 MADELY CLOSE is a midsized extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £210,000 in September 2020, which was around 6% below the average September 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

15 MADELY CLOSE Sold Prices

Land registry data shows eight sales for 15 MADELY CLOSE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The eight 15 MADELY CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2020 1 SEP	£210,000	£222,611	6% below HPI
2018 18 OCT	£200,000	£218,755	9% below HPI
2017 15 SEP	£195,000	£210,398	7% below HPI
2013 4 DEC	£170,000	£165,366	3% above HPI
2008 12 JUN	£149,950	£177,400	15% below HPI
2008 6 FEB	£168,000	£178,420	6% below HPI
2002 23 AUG	£99,950	£105,490	5% below HPI
2000 30 JUN	£74,950	£74,668	Close to HPI

15 MADELY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The eight 15 MADELY CLOSE sales between June 2000 and September 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 October 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 15 MADELY CLOSE?

15 MADELY CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 50% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 15 MADELY CLOSE lies on this distribution: 46% of detached houses are smaller than 15 MADELY CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

15 MADELY CLOSE: Plot and Title Map

15 MADELY CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 15 MADELY 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 MADELY 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 15 MADELY CLOSE?

15 MADELY CLOSE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 15 on MADELY CLOSE.