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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 MAGPIE CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £249,165. It was last sold for £157,000 in March 2014, which was around 15% 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. One of the three 7 MAGPIE CLOSE sales was for below the average price, whilst two 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
2014 7 MAR	£157,000	£185,656	15% below HPI
2006 22 SEP	£186,950	£185,224	1% above HPI
2004 29 OCT	£169,950	£167,970	1% above 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 was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 7 MAGPIE CLOSE be worth now?

7 MAGPIE CLOSE might now be worth an estimated £249,165.

This is based on house price inflation of 58.7%, between March 2014 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.7% inflationary increase is applied to the most recent sale price for 7 MAGPIE CLOSE of £157,000 on 7th March 2014. For the value to have increased from £157,000 to £249,165 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 7 MAGPIE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2014 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MAGPIE CLOSE has not materially changed since March 2014.

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 houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skellingthorpe, and where 7 MAGPIE CLOSE lies on this distribution: 8% of detached houses 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.