8, WYATT CLOSE, MARTIN, LINCOLN, LN4 3RN - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 WYATT CLOSE is a small extended detached house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £256,177. It was last sold for £210,000 in July 2019, which was around 15% below the average July 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

8 WYATT CLOSE Sold Prices

Land registry data shows five sales for 8 WYATT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 8 WYATT 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
2019 12 JUL	£210,000	£248,177	15% below HPI
2018 19 JAN	£197,000	£238,629	17% below HPI
2016 26 AUG	£187,000	£223,487	16% below HPI
2013 28 OCT	£142,000	£187,093	24% below HPI
2010 16 MAR	£101,666	£178,601	43% below HPI

8 WYATT 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 five 8 WYATT CLOSE sales between March 2010 and July 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 January 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 8 WYATT CLOSE be worth now?

8 WYATT CLOSE might now be worth an estimated £256,177.

This is based on house price inflation of 22%, between July 2019 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 22% inflationary increase is applied to the most recent sale price for 8 WYATT CLOSE of £210,000 on 12th July 2019. For the value to have increased from £210,000 to £256,177 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 8 WYATT CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The July 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WYATT CLOSE has not materially changed since July 2019.

How Large is 8 WYATT CLOSE?

8 WYATT CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses houses in Martin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martin, and where 8 WYATT CLOSE lies on this distribution: 24% of detached houses houses are smaller than 8 WYATT CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Martin.

8 WYATT CLOSE: Plot and Title Map

8 WYATT CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 8 WYATT 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 WYATT 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 WYATT CLOSE?

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