15, WOOD FARM CLOSE, NETTLETON, MARKET RASEN, LN7 6AS - £198,000

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 WOOD FARM CLOSE is a very small detached house of 109m², built sometime from 2007 onwards. It was last sold for £198,000 in September 2016, which was around 2% below the average September 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

15 WOOD FARM CLOSE Sold Prices

Land registry data shows two sales for 15 WOOD FARM 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 West Lindsey local authority area for the corresponding sale date. One of the two 15 WOOD FARM CLOSE sales was for below the average price, whilst the other was 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
2016 30 SEP	£198,000	£201,570	2% below HPI
2006 22 SEP	£210,000	£181,064	16% above HPI

15 WOOD FARM 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 two 15 WOOD FARM CLOSE sales from September 2006 and September 2016 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 September 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 15 WOOD FARM CLOSE?

15 WOOD FARM CLOSE is 109m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Nettleton, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleton, and where 15 WOOD FARM CLOSE lies on this distribution: 18% of detached houses are smaller than 15 WOOD FARM CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

15 WOOD FARM CLOSE: Plot and Title Map

15 WOOD FARM CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 15 WOOD FARM 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 WOOD FARM 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 WOOD FARM CLOSE?

15 WOOD FARM CLOSE is located in NETTLETON, in the LN7 postcode district. The below map shows the position of No. 15 on WOOD FARM CLOSE.