Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 PELHAM CLOSE is a very small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £210,000 in January 2019, which was around 5% below the average January 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 PELHAM CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The three 8 PELHAM CLOSE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2019 3 JAN | £210,000 | £221,296 | 5% below HPI |
2013 13 SEP | £170,000 | £180,348 | 6% below HPI |
1996 10 JUN | £62,000 | £61,885 | Close to HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 8 PELHAM CLOSE sales between June 1996 and January 2019 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 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
8 PELHAM CLOSE is 90m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 20% of detached houses in Sudbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbrooke, and where 8 PELHAM CLOSE lies on this distribution: 14% of detached houses are smaller than 8 PELHAM CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sudbrooke.
8 PELHAM CLOSE sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 8 PELHAM 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 PELHAM 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 PELHAM CLOSE is located in SUDBROOKE, in the LN2 postcode district. The below map shows the position of No. 8 on PELHAM CLOSE.