5, BURGHLEY CLOSE, NETTLETON, MARKET RASEN, LN7 6NR - £139,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 BURGHLEY CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £139,000 in July 2016, which was around 30% below the average July 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

5 BURGHLEY CLOSE Sold Prices

Land registry data shows two sales for 5 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 5 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
2016 22 JUL	£139,000	£199,017	30% below HPI
1998 24 MAR	£48,000	£67,164	29% below HPI

5 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 5 BURGHLEY CLOSE sales from March 1998 and July 2016 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 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 BURGHLEY CLOSE?

5 BURGHLEY CLOSE is 74m² according to the EPC inspection conducted in April 2016. 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 5 BURGHLEY CLOSE lies on this distribution: 8% of detached houses are smaller than 5 BURGHLEY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

5 BURGHLEY CLOSE: Plot and Title Map

5 BURGHLEY CLOSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 5 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 5 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 5 BURGHLEY CLOSE?

5 BURGHLEY CLOSE is located in NETTLETON, in the LN7 postcode district. The below map shows the position of No. 5 on BURGHLEY CLOSE.