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
5 ASH CLOSE is a very small detached house of 55m², built sometime between 1991 and 1995. It was last sold for £210,000 in September 2023, which was around 45% below the average September 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 5 ASH CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the six 5 ASH 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 |
---|---|---|---|
2023 22 SEP | £210,000 | £378,833 | 45% below HPI |
2017 22 SEP | £169,950 | £290,320 | 41% below HPI |
2017 10 APR | £155,000 | £275,057 | 44% below HPI |
2002 31 MAY | £77,500 | £137,835 | 44% below HPI |
2000 22 SEP | £59,950 | £107,836 | 44% below HPI |
1999 10 DEC | £20,000 | £95,111 | 79% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The six 5 ASH CLOSE sales between December 1999 and September 2023 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 September 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
5 ASH CLOSE is 55m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Langtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Langtoft, and where 5 ASH CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 5 ASH CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Langtoft.
5 ASH CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 5 ASH 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 5 ASH 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.
5 ASH CLOSE is located in LANGTOFT, in the PE6 postcode district. The below map shows the position of No. 5 on ASH CLOSE.