13, MAGNOLIA CLOSE, BRANSTON, LINCOLN, LN4 1PW - £240,000

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.

13 MAGNOLIA CLOSE is a midsized extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £276,556. It was last sold for £240,000 in October 2020, which was around 8% below the average October 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

13 MAGNOLIA CLOSE Sold Prices

Land registry data shows two sales for 13 MAGNOLIA 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 North Kesteven local authority area for the corresponding sale date. Both of the two 13 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
2020 16 OCT	£240,000	£260,877	8% below HPI
1998 31 JUL	£59,500	£66,345	10% below HPI

13 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 two 13 MAGNOLIA CLOSE sales from July 1998 and October 2020 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 July 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 13 MAGNOLIA CLOSE be worth now?

13 MAGNOLIA CLOSE might now be worth an estimated £276,556.

This is based on house price inflation of 15.2%, between October 2020 and July 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 15.2% inflationary increase is applied to the most recent sale price for 13 MAGNOLIA CLOSE of £240,000 on 16th October 2020. For the value to have increased from £240,000 to £276,556 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of 13 MAGNOLIA CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 13 MAGNOLIA CLOSE has not materially changed since October 2020.

How Large is 13 MAGNOLIA CLOSE?

13 MAGNOLIA CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 50% of detached houses houses in Branston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Branston, and where 13 MAGNOLIA CLOSE lies on this distribution: 47% of detached houses houses are smaller than 13 MAGNOLIA CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Branston.

13 MAGNOLIA CLOSE: Plot and Title Map

13 MAGNOLIA CLOSE sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 13 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 13 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 13 MAGNOLIA CLOSE?

13 MAGNOLIA CLOSE is located in BRANSTON, in the LN4 postcode district. The below map shows the position of No. 13 on MAGNOLIA CLOSE.