8, REDWING CLOSE, SKELLINGTHORPE, LINCOLN, LN6 5SH - £202,000

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 REDWING CLOSE is a large extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £202,000 in December 2015, which was around 5% below the average December 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

8 REDWING CLOSE Sold Prices

Land registry data shows four sales for 8 REDWING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 8 REDWING CLOSE sales were for below 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
2015 18 DEC	£202,000	£211,694	5% below HPI
2005 21 JUN	£186,000	£180,417	3% above HPI
2001 14 MAY	£79,950	£83,308	4% below HPI
1996 17 OCT	£52,050	£63,162	18% below HPI

8 REDWING 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 four 8 REDWING CLOSE sales between October 1996 and December 2015 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 June 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 REDWING CLOSE?

8 REDWING CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Skellingthorpe, and where 8 REDWING CLOSE lies on this distribution: 69% of detached houses are smaller than 8 REDWING CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

8 REDWING CLOSE: Plot and Title Map

8 REDWING CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 8 REDWING 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 REDWING 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 REDWING CLOSE?

8 REDWING CLOSE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 8 on REDWING CLOSE.