7, MITCHELL CLOSE, SKELLINGTHORPE, LINCOLN, LN6 5RB - £200,000

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 MITCHELL CLOSE is a very small extended detached house of 70m², built sometime between 1996 and 2002. It was last sold for £200,000 in April 2021, which was around 27% below the average April 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

7 MITCHELL CLOSE Sold Prices

Land registry data shows four sales for 7 MITCHELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 7 MITCHELL 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
2021 30 APR	£200,000	£273,517	27% below HPI
2007 9 MAY	£157,000	£195,404	20% below HPI
1999 12 NOV	£59,500	£72,192	18% below HPI
1997 3 OCT	£56,837	£65,765	14% below HPI

7 MITCHELL 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 four 7 MITCHELL CLOSE sales between October 1997 and April 2021 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 May 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 MITCHELL CLOSE?

7 MITCHELL CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% 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 MITCHELL CLOSE lies on this distribution: 15% of detached houses are smaller than 7 MITCHELL CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

7 MITCHELL CLOSE: Plot and Title Map

7 MITCHELL CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 7 MITCHELL 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 MITCHELL 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 MITCHELL CLOSE?

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