22, MAGNOLIA CLOSE, BRANSTON, LINCOLN, LN4 1PW - £146,000

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

22 MAGNOLIA CLOSE is a very small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £146,000 in February 2024, which was around 51% below the average February 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.

22 MAGNOLIA CLOSE Sold Prices

Land registry data shows three sales for 22 MAGNOLIA 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 North Kesteven local authority area for the corresponding sale date. All of the three 22 MAGNOLIA 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
2024 7 FEB	£146,000	£299,872	51% below HPI
2001 10 AUG	£64,000	£86,657	26% below HPI
1999 24 AUG	£49,000	£73,068	33% below HPI

22 MAGNOLIA 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 three 22 MAGNOLIA CLOSE sales between August 1999 and February 2024 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 August 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2024 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 22 MAGNOLIA CLOSE?

22 MAGNOLIA CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses in Branston, based on EPC data. The below chart shows the distribution of detached houses by size in Branston, and where 22 MAGNOLIA CLOSE lies on this distribution: 19% of detached houses are smaller than 22 MAGNOLIA CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Branston.

22 MAGNOLIA CLOSE: Plot and Title Map

22 MAGNOLIA CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 22 MAGNOLIA 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 22 MAGNOLIA 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 22 MAGNOLIA CLOSE?

22 MAGNOLIA CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 22 on MAGNOLIA CLOSE.