3, MAGPIE CLOSE, SKELLINGTHORPE, LINCOLN, LN6 5SG - £158,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 MAGPIE CLOSE is a small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £158,500 in January 2014, which was around 14% below the average January 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

3 MAGPIE CLOSE Sold Prices

Land registry data shows two sales for 3 MAGPIE 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 3 MAGPIE 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
2014 27 JAN	£158,500	£184,900	14% below HPI
1998 27 FEB	£49,000	£67,537	27% below HPI

3 MAGPIE 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 3 MAGPIE CLOSE sales from February 1998 and January 2014 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 February 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 MAGPIE CLOSE?

3 MAGPIE CLOSE is 77m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Skellingthorpe, and where 3 MAGPIE CLOSE lies on this distribution: 26% of detached houses are smaller than 3 MAGPIE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

3 MAGPIE CLOSE: Plot and Title Map

3 MAGPIE CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 3 MAGPIE 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 3 MAGPIE 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 3 MAGPIE CLOSE?

3 MAGPIE CLOSE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 3 on MAGPIE CLOSE.