16, WOOD FARM CLOSE, NETTLETON, MARKET RASEN, LN7 6AS - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 WOOD FARM CLOSE is a very small detached house of 94m², built sometime between 2003 and 2006. It was last sold for £215,000 in March 2017, which was around 5% above the average March 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

16 WOOD FARM CLOSE Sold Prices

Land registry data shows two sales for 16 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. Both of the two 16 WOOD FARM 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
2017 31 MAR	£215,000	£205,306	5% above HPI
2006 2 NOV	£285,000	£187,160	52% above HPI

16 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 16 WOOD FARM CLOSE sales from November 2006 and March 2017 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 2006 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the March 2017 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 16 WOOD FARM CLOSE?

16 WOOD FARM CLOSE is 94m² according to the EPC inspection conducted in December 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 16 WOOD FARM CLOSE lies on this distribution: 15% of detached houses are smaller than 16 WOOD FARM CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

16 WOOD FARM CLOSE: Plot and Title Map

16 WOOD FARM CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 16 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 16 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 16 WOOD FARM CLOSE?

16 WOOD FARM CLOSE is located in NETTLETON, in the LN7 postcode district. The below map shows the position of No. 16 on WOOD FARM CLOSE.