15, MELLOWS CLOSE, REEPHAM, LINCOLN, LN3 4DT - £190,000

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

15 MELLOWS CLOSE is a midsized detached house of 122m², built sometime between 1967 and 1975. It was last sold for £190,000 in August 2014, which was around 4% above the average August 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

15 MELLOWS CLOSE Sold Prices

Land registry data shows three sales for 15 MELLOWS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 15 MELLOWS CLOSE sales were for 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
2014 27 AUG	£190,000	£182,973	4% above HPI
2003 14 NOV	£152,000	£148,078	3% above HPI
1999 24 JUN	£82,000	£66,740	23% above HPI

15 MELLOWS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 15 MELLOWS CLOSE sales between June 1999 and August 2014 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 November 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 15 MELLOWS CLOSE?

15 MELLOWS CLOSE is 122m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 15 MELLOWS CLOSE lies on this distribution: 46% of detached houses are smaller than 15 MELLOWS CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Reepham.

15 MELLOWS CLOSE: Plot and Title Map

15 MELLOWS CLOSE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 15 MELLOWS 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 MELLOWS 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 MELLOWS CLOSE?

15 MELLOWS CLOSE is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 15 on MELLOWS CLOSE.