9, MAGNOLIA CLOSE, BRANSTON, LINCOLN, LN4 1PW - £169,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 MAGNOLIA CLOSE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £169,000 in December 2017, which was around 30% below the average December 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

9 MAGNOLIA CLOSE Sold Prices

Land registry data shows four sales for 9 MAGNOLIA 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. All of the four 9 MAGNOLIA 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
2017 4 DEC	£169,000	£243,033	30% below HPI
2007 17 MAY	£142,500	£195,404	27% below HPI
1999 26 NOV	£56,000	£72,192	22% below HPI
1995 14 JUL	£44,000	£61,920	29% below HPI

9 MAGNOLIA 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 9 MAGNOLIA CLOSE sales between July 1995 and December 2017 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 May 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 9 MAGNOLIA CLOSE?

9 MAGNOLIA CLOSE is 68m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Branston, based on EPC data. The below chart shows the distribution of detached houses by size in Branston, and where 9 MAGNOLIA CLOSE lies on this distribution: 8% of detached houses are smaller than 9 MAGNOLIA CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Branston.

9 MAGNOLIA CLOSE: Plot and Title Map

9 MAGNOLIA CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 9 MAGNOLIA 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 9 MAGNOLIA 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 9 MAGNOLIA CLOSE?

9 MAGNOLIA CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 9 on MAGNOLIA CLOSE.