8, WOOD FARM CLOSE, NETTLETON, MARKET RASEN, LN7 6AS - £225,500

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 WOOD FARM CLOSE is a small extended detached house of 121m², built sometime between 2003 and 2006. It was last sold for £225,500 in December 2019, which was about the average December 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

8 WOOD FARM CLOSE Sold Prices

Land registry data shows three sales for 8 WOOD FARM 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 West Lindsey local authority area for the corresponding sale date. The three 8 WOOD FARM CLOSE sales were a mix of roughly equal to the average price, and 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
2019 6 DEC	£225,500	£224,429	Close to HPI
2016 19 DEC	£215,000	£206,444	4% above HPI
2006 27 SEP	£230,000	£181,064	27% above HPI

8 WOOD FARM CLOSE Price Paid vs. HPI Average

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 WOOD FARM CLOSE sales between September 2006 and December 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 December 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8 WOOD FARM CLOSE?

8 WOOD FARM CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in Nettleton, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleton, and where 8 WOOD FARM CLOSE lies on this distribution: 26% of detached houses are smaller than 8 WOOD FARM CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

8 WOOD FARM CLOSE: Plot and Title Map

8 WOOD FARM CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 8 WOOD FARM 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 WOOD FARM 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 WOOD FARM CLOSE?

8 WOOD FARM CLOSE is located in NETTLETON, in the LN7 postcode district. The below map shows the position of No. 8 on WOOD FARM CLOSE.