3, BURGHLEY CLOSE, NETTLETON, MARKET RASEN, LN7 6NR - £155,000

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

3 BURGHLEY CLOSE is a very small detached house of 61m², built sometime between 1983 and 1990. It was last sold for £155,000 in April 2018, which was around 29% below the average April 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

3 BURGHLEY CLOSE Sold Prices

Land registry data shows two sales for 3 BURGHLEY 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 3 BURGHLEY 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
2018 9 APR	£155,000	£218,449	29% below HPI
2015 1 APR	£115,000	£189,467	39% below HPI

3 BURGHLEY 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 3 BURGHLEY CLOSE sales from April 2015 and April 2018 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 April 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 BURGHLEY CLOSE?

3 BURGHLEY CLOSE is 61m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Nettleton, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleton, and where 3 BURGHLEY CLOSE lies on this distribution: 2% of detached houses are smaller than 3 BURGHLEY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

3 BURGHLEY CLOSE: Plot and Title Map

3 BURGHLEY CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 3 BURGHLEY 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 3 BURGHLEY 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 3 BURGHLEY CLOSE?

3 BURGHLEY CLOSE is located in NETTLETON, in the LN7 postcode district. The below map shows the position of No. 3 on BURGHLEY CLOSE.