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
7 LIME CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £269,950 in December 2022, which was around 29% below the average December 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was A.
Land registry data shows five sales for 7 LIME CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 7 LIME 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 |
---|---|---|---|
2022 19 DEC | £269,950 | £381,233 | 29% below HPI |
2021 18 AUG | £185,500 | £327,986 | 43% below HPI |
2012 13 APR | £155,000 | £214,583 | 28% below HPI |
1998 31 JUL | £46,000 | £83,842 | 45% below HPI |
1996 10 MAY | £41,500 | £69,294 | 40% 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 five 7 LIME CLOSE sales between May 1996 and December 2022 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 August 2021 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
7 LIME CLOSE is 78m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Langtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Langtoft, and where 7 LIME CLOSE lies on this distribution: 9% of detached houses are smaller than 7 LIME CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Langtoft.
7 LIME CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 7 LIME 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 LIME 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.
7 LIME CLOSE is located in LANGTOFT, in the PE6 postcode district. The below map shows the position of No. 7 on LIME CLOSE.