33, CHESTNUT CLOSE, DIGBY, LINCOLN, LN4 3LP - £525,000

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.

33 CHESTNUT CLOSE is a large extended detached house of 171m², built sometime between 2003 and 2006, which could now be worth an estimated £499,700. It was last sold for £525,000 in September 2022, which was around 65% above the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

33 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 33 CHESTNUT 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 33 CHESTNUT 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
2022 22 SEP	£525,000	£318,077	65% above HPI
2009 2 MAR	£335,000	£164,657	103% above HPI

33 CHESTNUT 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 33 CHESTNUT CLOSE sales from March 2009 and September 2022 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 March 2009 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the September 2022 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 33 CHESTNUT CLOSE be worth now?

33 CHESTNUT CLOSE might now be worth an estimated £499,700.

This is based on house price deflation of 4.8%, between September 2022 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 4.8% deflationary decrease is applied to the most recent sale price for 33 CHESTNUT CLOSE of £525,000 on 22nd September 2022. For the value to have decreased from £525,000 to £499,700 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 33 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 33 CHESTNUT CLOSE has not materially changed since September 2022.

How Large is 33 CHESTNUT CLOSE?

33 CHESTNUT CLOSE is 171m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses houses in Digby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Digby, and where 33 CHESTNUT CLOSE lies on this distribution: 75% of detached houses houses are smaller than 33 CHESTNUT CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Digby.

33 CHESTNUT CLOSE: Plot and Title Map

33 CHESTNUT CLOSE sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of 33 CHESTNUT 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 33 CHESTNUT 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 33 CHESTNUT CLOSE?

33 CHESTNUT CLOSE is located in DIGBY, in the LN4 postcode district. The below map shows the position of No. 33 on CHESTNUT CLOSE.