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
8 ALTHORPE CLOSE is a very large extended detached house of 174m², built sometime between 1991 and 1995. It was last sold for £440,000 in March 2022, which was around 23% above the average March 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 8 ALTHORPE CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 8 ALTHORPE 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 |
---|---|---|---|
2022 18 MAR | £440,000 | £358,843 | 23% above HPI |
2003 28 MAR | £225,000 | £165,958 | 36% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 8 ALTHORPE CLOSE sales from March 2003 and March 2022 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 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2022 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
8 ALTHORPE CLOSE is 174m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 8 ALTHORPE CLOSE lies on this distribution: 90% of detached houses are smaller than 8 ALTHORPE CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.
8 ALTHORPE CLOSE sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 8 ALTHORPE 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 8 ALTHORPE 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.
8 ALTHORPE CLOSE is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 8 on ALTHORPE CLOSE.