7, MAGPIE CLOSE, SKELLINGTHORPE, LINCOLN, LN6 5SG - £157,000

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 MAGPIE CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £157,000 in March 2014, which was around 17% below the average March 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

7 MAGPIE CLOSE Sold Prices

Land registry data shows three sales for 7 MAGPIE 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. The three 7 MAGPIE CLOSE sales were a mix of below the average price, and roughly equal to 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
2014 7 MAR	£157,000	£188,038	17% below HPI
2006 22 SEP	£186,950	£187,600	Close to HPI
2004 29 OCT	£169,950	£170,125	Close to HPI

7 MAGPIE 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 MAGPIE CLOSE sales between October 2004 and March 2014 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 September 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 MAGPIE CLOSE?

7 MAGPIE CLOSE is 65m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Skellingthorpe, and where 7 MAGPIE CLOSE lies on this distribution: 8% of detached houses are smaller than 7 MAGPIE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

7 MAGPIE CLOSE: Plot and Title Map

7 MAGPIE CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 7 MAGPIE 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 MAGPIE 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 MAGPIE CLOSE?

7 MAGPIE CLOSE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 7 on MAGPIE CLOSE.