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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 MALUS CLOSE is a large detached house of 131m², built sometime between 1976 and 1982, which could now be worth an estimated £250,984. It was last sold for £210,000 in November 2018, which was around 17% 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	£253,312	17% below HPI
2015 18 NOV	£170,000	£209,272	19% below HPI
2005 26 MAY	£184,950	£176,615	5% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 MALUS CLOSE be worth now?

8 MALUS CLOSE might now be worth an estimated £250,984.

This is based on house price inflation of 19.5%, between November 2018 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.5% inflationary increase is applied to the most recent sale price for 8 MALUS CLOSE of £210,000 on 30th November 2018. For the value to have increased from £210,000 to £250,984 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 MALUS CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2018 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MALUS CLOSE has not materially changed since November 2018.

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 houses in Branston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Branston, and where 8 MALUS CLOSE lies on this distribution: 74% of detached houses houses are smaller than 8 MALUS CLOSE, and 25% 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.