21, WYATT CLOSE, MARTIN, LINCOLN, LN4 3RN - £189,000

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.

21 WYATT CLOSE is a very small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £228,958. It was last sold for £189,000 in December 2018, which was around 26% below the average December 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.

21 WYATT CLOSE Sold Prices

Land registry data shows four sales for 21 WYATT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 21 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
2018 7 DEC	£189,000	£254,112	26% below HPI
2016 18 APR	£162,500	£216,147	25% below HPI
2001 31 OCT	£67,500	£90,646	26% below HPI
1998 9 OCT	£49,000	£68,046	28% below HPI

21 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 four 21 WYATT CLOSE sales between October 1998 and December 2018 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 April 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 21 WYATT CLOSE be worth now?

21 WYATT CLOSE might now be worth an estimated £228,958.

This is based on house price inflation of 21.1%, between December 2018 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 21.1% inflationary increase is applied to the most recent sale price for 21 WYATT CLOSE of £189,000 on 7th December 2018. For the value to have increased from £189,000 to £228,958 over the seven years and nine months to March 2025, the following assumptions must hold true:

• The value of 21 WYATT CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2018 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 21 WYATT CLOSE has not materially changed since December 2018.

How Large is 21 WYATT CLOSE?

21 WYATT CLOSE is 92m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 21 WYATT CLOSE lies on this distribution: 8% of detached houses houses are smaller than 21 WYATT CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Martin.

21 WYATT CLOSE: Plot and Title Map

21 WYATT CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 21 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 21 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 21 WYATT CLOSE?

21 WYATT CLOSE is located in MARTIN, in the LN4 postcode district. The below map shows the position of No. 21 on WYATT CLOSE.