9, PELL CLOSE, HECKINGTON, SLEAFORD, NG34 9WJ - £145,000

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 PELL CLOSE is a very small terraced house of 58m², which could now be worth an estimated £160,896. It was last sold for £145,000 in March 2021, which was around 3% below the average March 2021 terraced price in the North Kesteven local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

9 PELL CLOSE Sold Prices

Land registry data shows two sales for 9 PELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. One of the two 9 PELL CLOSE sales was for below the average price, whilst the other was for 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
2021 26 MAR	£145,000	£148,881	3% below HPI
2018 9 MAR	£129,950	£127,598	2% above HPI

9 PELL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The two 9 PELL CLOSE sales from March 2018 and March 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 March 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 9 PELL CLOSE be worth now?

9 PELL CLOSE might now be worth an estimated £160,896.

This is based on house price inflation of 11%, between March 2021 and July 2025, for terraced 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 11% inflationary increase is applied to the most recent sale price for 9 PELL CLOSE of £145,000 on 26th March 2021. For the value to have increased from £145,000 to £160,896 over the three years and eight months to July 2025, the following assumptions must hold true:

• The value of 9 PELL CLOSE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The March 2021 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PELL CLOSE has not materially changed since March 2021.

How Large is 9 PELL CLOSE?

9 PELL CLOSE is 58m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of terraced houses houses in Heckington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Heckington, and where 9 PELL CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 9 PELL CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Heckington.

9 PELL CLOSE: Plot and Title Map

9 PELL CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 9 PELL 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 PELL 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 PELL CLOSE?

9 PELL CLOSE is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 9 on PELL CLOSE.