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
6 WHEATSHEAF CLOSE is a very small detached house of 52m², built sometime between 1996 and 2002. It was last sold for £155,000 in June 2007, which was around 17% below the average June 2007 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 6 WHEATSHEAF CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 6 WHEATSHEAF 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 |
---|---|---|---|
2007 8 JUN | £155,000 | £187,546 | 17% below HPI |
2006 25 JUL | £149,950 | £180,885 | 17% below HPI |
2002 22 FEB | £74,500 | £93,882 | 21% below HPI |
2001 18 MAY | £64,000 | £80,622 | 21% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 6 WHEATSHEAF CLOSE sales between May 2001 and June 2007 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 July 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2007 sale, which was also at 17% below the HPI.
6 WHEATSHEAF CLOSE is 52m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses by size in Sibsey, and where 6 WHEATSHEAF CLOSE lies on this distribution: 1% of detached houses are smaller than 6 WHEATSHEAF CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sibsey.
6 WHEATSHEAF CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 6 WHEATSHEAF 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 6 WHEATSHEAF 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.
6 WHEATSHEAF CLOSE is located in SIBSEY, in the PE22 postcode district. The below map shows the position of No. 6 on WHEATSHEAF CLOSE.