2, MAGPIE CLOSE, SKELLINGTHORPE, LINCOLN, LN6 5SG - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MAGPIE CLOSE is a midsized extended detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £252,242. It was last sold for £225,000 in April 2021, which was around 17% below the average April 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 MAGPIE CLOSE Sold Prices

Land registry data shows two sales for 2 MAGPIE 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 North Kesteven local authority area for the corresponding sale date. Both of the two 2 MAGPIE 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
2021 9 APR	£225,000	£270,052	17% below HPI
2004 6 JAN	£128,500	£155,871	18% below HPI

2 MAGPIE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 2 MAGPIE CLOSE sales from January 2004 and April 2021 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 January 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 MAGPIE CLOSE be worth now?

2 MAGPIE CLOSE might now be worth an estimated £252,242.

This is based on house price inflation of 12.1%, between April 2021 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for 2 MAGPIE CLOSE of £225,000 on 9th April 2021. For the value to have increased from £225,000 to £252,242 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 2 MAGPIE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAGPIE CLOSE has not materially changed since April 2021.

How Large is 2 MAGPIE CLOSE?

2 MAGPIE CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skellingthorpe, and where 2 MAGPIE CLOSE lies on this distribution: 48% of detached houses houses are smaller than 2 MAGPIE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

2 MAGPIE CLOSE: Plot and Title Map

2 MAGPIE CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 2 MAGPIE 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 2 MAGPIE 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 2 MAGPIE CLOSE?

2 MAGPIE CLOSE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 2 on MAGPIE CLOSE.