9, MEADOW CLOSE, REEPHAM, LINCOLN, LN3 4ED - £232,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 MEADOW CLOSE is a small extended detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £275,857. It was last sold for £232,500 in January 2021, which was around 5% below the average January 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

9 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 9 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 9 MEADOW 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
2021 19 JAN	£232,500	£245,359	5% below HPI
2011 12 DEC	£120,000	£178,256	33% below HPI

9 MEADOW 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 two 9 MEADOW CLOSE sales from December 2011 and January 2021 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 2011 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 9 MEADOW CLOSE be worth now?

9 MEADOW CLOSE might now be worth an estimated £275,857.

This is based on house price inflation of 18.6%, between January 2021 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 9 MEADOW CLOSE of £232,500 on 19th January 2021. For the value to have increased from £232,500 to £275,857 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 9 MEADOW CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The January 2021 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 9 MEADOW CLOSE has not materially changed since January 2021.

How Large is 9 MEADOW CLOSE?

9 MEADOW CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reepham, and where 9 MEADOW CLOSE lies on this distribution: 37% of detached houses houses are smaller than 9 MEADOW CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Reepham.

9 MEADOW CLOSE: Plot and Title Map

9 MEADOW CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 9 MEADOW 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 MEADOW 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 MEADOW CLOSE?

9 MEADOW CLOSE is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 9 on MEADOW CLOSE.