5, SPAFFORD CLOSE, MARTON, GAINSBOROUGH, DN21 5AS - £245,000

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 SPAFFORD CLOSE is a midsized extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £245,000 in June 2021, which was around 5% below the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

5 SPAFFORD CLOSE Sold Prices

Land registry data shows two sales for 5 SPAFFORD 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. One of the two 5 SPAFFORD CLOSE sales was for below the average price, whilst the other was 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
2021 30 JUN	£245,000	£258,781	5% below HPI
1996 29 OCT	£74,000	£62,799	18% above HPI

5 SPAFFORD 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 SPAFFORD CLOSE sales from October 1996 and June 2021 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 October 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 SPAFFORD CLOSE?

5 SPAFFORD CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses in Marton, based on EPC data. The below chart shows the distribution of detached houses by size in Marton, and where 5 SPAFFORD CLOSE lies on this distribution: 49% of detached houses are smaller than 5 SPAFFORD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Marton.

5 SPAFFORD CLOSE: Plot and Title Map

5 SPAFFORD CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 5 SPAFFORD 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 SPAFFORD 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 SPAFFORD CLOSE?

5 SPAFFORD CLOSE is located in MARTON, in the DN21 postcode district. The below map shows the position of No. 5 on SPAFFORD CLOSE.