7, CHESTNUT CLOSE, DIGBY, LINCOLN, LN4 3LP - £274,000

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

7 CHESTNUT CLOSE is a midsized detached house of 142m², built sometime between 2003 and 2006. It was last sold for £274,000 in August 2017, which was around 16% above the average August 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

7 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 7 CHESTNUT 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 North Kesteven local authority area for the corresponding sale date. All of the three 7 CHESTNUT 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
2017 3 AUG	£274,000	£235,233	16% above HPI
2010 24 JUN	£222,500	£180,488	23% above HPI
2003 28 NOV	£212,000	£149,843	41% above HPI

7 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 7 CHESTNUT CLOSE sales between November 2003 and August 2017 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 June 2010 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2017 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 7 CHESTNUT CLOSE?

7 CHESTNUT CLOSE is 142m² according to the EPC inspection conducted in August 2009. This puts it in the largest 50% of detached houses in Digby, based on EPC data. The below chart shows the distribution of detached houses by size in Digby, and where 7 CHESTNUT CLOSE lies on this distribution: 56% of detached houses are smaller than 7 CHESTNUT CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Digby.

7 CHESTNUT CLOSE: Plot and Title Map

7 CHESTNUT CLOSE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 7 CHESTNUT 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 7 CHESTNUT 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 7 CHESTNUT CLOSE?

7 CHESTNUT CLOSE is located in DIGBY, in the LN4 postcode district. The below map shows the position of No. 7 on CHESTNUT CLOSE.