12, MELLOWS CLOSE, REEPHAM, LINCOLN, LN3 4DT - £151,000

12 MELLOWS CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £151,000 in November 2010, which was around 22% below the average November 2010 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

12 MELLOWS CLOSE Sold Prices

Land registry data shows two sales for 12 MELLOWS 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 12 MELLOWS 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
2010 26 NOV	£151,000	£193,281	22% below HPI
2008 5 DEC	£125,000	£176,917	29% below HPI

12 MELLOWS 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 12 MELLOWS CLOSE sales from December 2008 and November 2010 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 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2010 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 12 MELLOWS CLOSE?

12 MELLOWS CLOSE is 78m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 12 MELLOWS CLOSE lies on this distribution: 15% of detached houses are smaller than 12 MELLOWS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Reepham.

12 MELLOWS CLOSE: Plot and Title Map

12 MELLOWS CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 12 MELLOWS 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 12 MELLOWS 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 12 MELLOWS CLOSE?

12 MELLOWS CLOSE is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 12 on MELLOWS CLOSE.