15, TEAL CLOSE, CAISTOR, MARKET RASEN, LN7 6TD - £123,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 TEAL CLOSE is a very small semi-detached house of 76m², built sometime between 1983 and 1990. It was last sold for £123,000 in November 2014, which was around 34% below the average November 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

15 TEAL CLOSE Sold Prices

Land registry data shows three sales for 15 TEAL 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 TEAL 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
2014 7 NOV	£123,000	£185,594	34% below HPI
2008 3 NOV	£107,000	£183,510	42% below HPI
2004 8 OCT	£106,000	£172,079	38% below HPI

15 TEAL 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 TEAL CLOSE sales between October 2004 and November 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 2008 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2014 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 15 TEAL CLOSE?

15 TEAL CLOSE is 76m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses by size in Caistor, and where 15 TEAL CLOSE lies on this distribution: 12% of detached houses are smaller than 15 TEAL CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Caistor.

15 TEAL CLOSE: Plot and Title Map

15 TEAL CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 15 TEAL 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 TEAL 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 TEAL CLOSE?

15 TEAL CLOSE is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 15 on TEAL CLOSE.