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 PELHAM CLOSE is a small extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £270,000 in December 2019, which was around 20% above the average December 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 7 PELHAM CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. two of the four 7 PELHAM CLOSE sales were for above the average price, and four 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 |
---|---|---|---|
2019 16 DEC | £270,000 | £224,429 | 20% above HPI |
2013 16 APR | £121,697 | £175,385 | 31% below HPI |
2011 15 APR | £190,000 | £175,359 | 8% above HPI |
2008 13 JUN | £150,000 | £184,333 | 19% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 7 PELHAM CLOSE sales between June 2008 and December 2019 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 April 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2019 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
7 PELHAM CLOSE is 104m², which includes two extensions, according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of detached houses in Sudbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbrooke, and where 7 PELHAM CLOSE lies on this distribution: 30% of detached houses are smaller than 7 PELHAM CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Sudbrooke.
7 PELHAM CLOSE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 7 PELHAM 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 PELHAM 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 PELHAM CLOSE is located in SUDBROOKE, in the LN2 postcode district. The below map shows the position of No. 7 on PELHAM CLOSE.