14, WYATT CLOSE, MARTIN, LINCOLN, LN4 3RN - £250,000

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.

14 WYATT CLOSE is a small extended detached house of 109m², built sometime between 1991 and 1995, which could now be worth an estimated £257,005. It was last sold for £250,000 in May 2022, which was around 17% below the average May 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

14 WYATT CLOSE Sold Prices

Land registry data shows three sales for 14 WYATT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 14 WYATT 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
2022 20 MAY	£250,000	£299,446	17% below HPI
2012 14 MAY	£150,000	£179,576	16% below HPI
1998 21 DEC	£54,000	£69,106	22% below HPI

14 WYATT 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 three 14 WYATT CLOSE sales between December 1998 and May 2022 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 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 14 WYATT CLOSE be worth now?

14 WYATT CLOSE might now be worth an estimated £257,005.

This is based on house price inflation of 2.8%, between May 2022 and March 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 2.8% inflationary increase is applied to the most recent sale price for 14 WYATT CLOSE of £250,000 on 20th May 2022. For the value to have increased from £250,000 to £257,005 over the three years and two months to March 2025, the following assumptions must hold true:

• The value of 14 WYATT CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WYATT CLOSE has not materially changed since May 2022.

How Large is 14 WYATT CLOSE?

14 WYATT CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses houses in Martin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martin, and where 14 WYATT CLOSE lies on this distribution: 25% of detached houses houses are smaller than 14 WYATT CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Martin.

14 WYATT CLOSE: Plot and Title Map

14 WYATT CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 14 WYATT 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 14 WYATT 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 14 WYATT CLOSE?

14 WYATT CLOSE is located in MARTIN, in the LN4 postcode district. The below map shows the position of No. 14 on WYATT CLOSE.