7, WOOD FARM CLOSE, NETTLETON, MARKET RASEN, LN7 6AS - £292,500

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 WOOD FARM CLOSE is a small detached house of 122m², built sometime from 2007 onwards. It was last sold for £292,500 in September 2023, which was around 4% above the average September 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

7 WOOD FARM CLOSE Sold Prices

Land registry data shows two sales for 7 WOOD FARM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 7 WOOD FARM CLOSE sales 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
2023 18 SEP	£292,500	£280,927	4% above HPI
2006 8 SEP	£250,000	£181,064	38% above HPI

7 WOOD FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 7 WOOD FARM CLOSE sales from September 2006 and September 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 September 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 7 WOOD FARM CLOSE?

7 WOOD FARM CLOSE is 122m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% of detached houses in Nettleton, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleton, and where 7 WOOD FARM CLOSE lies on this distribution: 27% of detached houses are smaller than 7 WOOD FARM CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

7 WOOD FARM CLOSE: Plot and Title Map

7 WOOD FARM CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 7 WOOD FARM 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 WOOD FARM 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 WOOD FARM CLOSE?

7 WOOD FARM CLOSE is located in NETTLETON, in the LN7 postcode district. The below map shows the position of No. 7 on WOOD FARM CLOSE.