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 SARGEANTS CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £195,000 in October 2023, which was around 30% below the average October 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 SARGEANTS CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 7 SARGEANTS 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 |
---|---|---|---|
2023 30 OCT | £195,000 | £276,737 | 30% below HPI |
2005 4 MAR | £150,000 | £163,038 | 8% below HPI |
1996 27 JUN | £49,000 | £55,828 | 12% below HPI |
1995 28 APR | £49,950 | £56,465 | 12% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 7 SARGEANTS CLOSE sales between April 1995 and October 2023 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 March 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
7 SARGEANTS CLOSE is 69m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses by size in Sibsey, and where 7 SARGEANTS CLOSE lies on this distribution: 7% of detached houses are smaller than 7 SARGEANTS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Sibsey.
7 SARGEANTS CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 7 SARGEANTS 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 SARGEANTS 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 SARGEANTS CLOSE is located in SIBSEY, in the PE22 postcode district. The below map shows the position of No. 7 on SARGEANTS CLOSE.