4, MAGPIE CLOSE, SKELLINGTHORPE, LINCOLN, LN6 5SG - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 MAGPIE CLOSE is a small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £273,159. It was last sold for £270,000 in February 2022, which was around 7% below the average February 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

4 MAGPIE CLOSE Sold Prices

Land registry data shows two sales for 4 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 4 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
2022 21 FEB	£270,000	£291,236	7% below HPI
2021 20 AUG	£142,000	£278,721	49% below HPI

4 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 4 MAGPIE CLOSE sales from August 2021 and February 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 August 2021 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 MAGPIE CLOSE be worth now?

4 MAGPIE CLOSE might now be worth an estimated £273,159.

This is based on house price inflation of 1.2%, between February 2022 and December 2024, 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 1.2% inflationary increase is applied to the most recent sale price for 4 MAGPIE CLOSE of £270,000 on 21st February 2022. For the value to have increased from £270,000 to £273,159 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 4 MAGPIE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MAGPIE CLOSE has not materially changed since February 2022.

How Large is 4 MAGPIE CLOSE?

4 MAGPIE CLOSE is 77m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% 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 4 MAGPIE CLOSE lies on this distribution: 26% of detached houses houses are smaller than 4 MAGPIE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

4 MAGPIE CLOSE: Plot and Title Map

4 MAGPIE CLOSE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 4 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 4 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 4 MAGPIE CLOSE?

4 MAGPIE CLOSE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 4 on MAGPIE CLOSE.