5, WOOD FARM CLOSE, NETTLETON, MARKET RASEN, LN7 6AS - £315,000

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 WOOD FARM CLOSE is a midsized detached house of 160m², built sometime between 1976 and 1982. It was last sold for £315,000 in October 2021, which was around 24% above the average October 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

5 WOOD FARM CLOSE Sold Prices

Land registry data shows three sales for 5 WOOD FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 5 WOOD FARM CLOSE sales were 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 29 OCT	£315,000	£253,335	24% above HPI
2012 14 DEC	£212,500	£173,075	23% above HPI
2006 27 OCT	£305,000	£184,148	66% above HPI

5 WOOD FARM 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 three 5 WOOD FARM CLOSE sales between October 2006 and October 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 December 2012 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 5 WOOD FARM CLOSE?

5 WOOD FARM CLOSE is 160m² according to the EPC inspection conducted in October 2021. This puts it in the largest 50% 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 WOOD FARM CLOSE lies on this distribution: 56% of detached houses are smaller than 5 WOOD FARM CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

5 WOOD FARM CLOSE: Plot and Title Map

5 WOOD FARM CLOSE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 5 WOOD FARM 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 WOOD FARM 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 WOOD FARM CLOSE?

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