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 MAXEY CLOSE is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £180,000 in October 2015, which was around 29% below the average October 2015 detached price in the South 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.
Land registry data shows four sales for 5 MAXEY CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 5 MAXEY 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 |
---|---|---|---|
2015 12 OCT | £180,000 | £254,973 | 29% below HPI |
2006 7 APR | £164,750 | £215,456 | 24% below HPI |
2002 22 JUL | £110,000 | £145,333 | 24% below HPI |
1999 20 OCT | £73,000 | £95,784 | 24% 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 four 5 MAXEY CLOSE sales between October 1999 and October 2015 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 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
5 MAXEY CLOSE is 70m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 5 MAXEY CLOSE lies on this distribution: 5% of detached houses are smaller than 5 MAXEY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.
5 MAXEY CLOSE sits on a plot of roughly 0.057 of an acre, or 233m². The below map shows the location of 5 MAXEY 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 MAXEY 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 MAXEY CLOSE is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 5 on MAXEY CLOSE.