8, MALUS CLOSE, BRANSTON, LINCOLN, LN4 1PT - £210,000

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

8 MALUS CLOSE is a large detached house of 131m², built sometime between 1976 and 1982. It was last sold for £210,000 in November 2018, which was around 18% below the average November 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

8 MALUS CLOSE Sold Prices

Land registry data shows three sales for 8 MALUS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three 8 MALUS CLOSE sales were for below the average price, whilst one was 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
2018 30 NOV	£210,000	£256,562	18% below HPI
2015 18 NOV	£170,000	£211,957	20% below HPI
2005 26 MAY	£184,950	£178,881	3% above HPI

8 MALUS 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 three 8 MALUS CLOSE sales between May 2005 and November 2018 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 November 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 MALUS CLOSE?

8 MALUS CLOSE is 131m² according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses in Branston, based on EPC data. The below chart shows the distribution of detached houses by size in Branston, and where 8 MALUS CLOSE lies on this distribution: 74% of detached houses are smaller than 8 MALUS CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Branston.

8 MALUS CLOSE: Plot and Title Map

8 MALUS CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 8 MALUS 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 MALUS 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 8 MALUS CLOSE?

8 MALUS CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 8 on MALUS CLOSE.