Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources
25 MELLOWS CLOSE is a very small extended detached house of 72m², built sometime between 1976 and 1982. It was last sold for £207,500 in February 2024, which was around 24% below the average February 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 25 MELLOWS CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 25 MELLOWS 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 16 FEB | £207,500 | £273,863 | 24% below HPI |
2012 17 FEB | £167,500 | £175,796 | 5% below HPI |
2011 5 AUG | £167,500 | £176,024 | 5% below HPI |
2007 2 NOV | £150,000 | £205,610 | 27% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 25 MELLOWS CLOSE sales between November 2007 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 February 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
25 MELLOWS CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 25 MELLOWS CLOSE lies on this distribution: 8% of detached houses are smaller than 25 MELLOWS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Reepham.
25 MELLOWS CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 25 MELLOWS 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 25 MELLOWS 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.
25 MELLOWS CLOSE is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 25 on MELLOWS CLOSE.