3, TRUMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FG - £239,000

3 TRUMAN CLOSE is a small detached house of 139m², built sometime from 2007 onwards. It was last sold for £239,000 in June 2016, which was around 22% above the average June 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

3 TRUMAN CLOSE Sold Prices

Land registry data shows four sales for 3 TRUMAN CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 3 TRUMAN CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2016
10 JUN
£239,000£196,707
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22% above HPI
2010
5 AUG
£231,500£189,838
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22% above HPI
2007
25 MAY
£225,000£184,311
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22% above HPI
2005
28 OCT
£219,950£174,329
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26% above HPI

3 TRUMAN 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 four 3 TRUMAN CLOSE sales between October 2005 and June 2016 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 August 2010 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2016 sale, which was also at 22% above the HPI.

3, TRUMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FG: Price paid vs HM Land Registry's House Price Index

How Large is 3 TRUMAN CLOSE?

3 TRUMAN CLOSE is 139m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Faldingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Faldingworth, and where 3 TRUMAN CLOSE lies on this distribution: 38% of detached houses are smaller than 3 TRUMAN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Faldingworth.

3, TRUMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FG: Size of property relative to detached houses in Faldingworth

3 TRUMAN CLOSE: Plot and Title Map

3 TRUMAN CLOSE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 3 TRUMAN 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 TRUMAN 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.

3, TRUMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FG: Plot and title map

Where is 3 TRUMAN CLOSE?

3 TRUMAN CLOSE is located in FALDINGWORTH, in the LN8 postcode district. The below map shows the position of No. 3 on TRUMAN CLOSE.

3, TRUMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FG: Location map and indicative extent of plot

All sales of detached houses on TRUMAN CLOSE

3, TRUMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FG
2016
10 JUN
£239,000
3, TRUMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FG
2010
5 AUG
£231,500
3, TRUMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FG
2007
25 MAY
£225,000
3, TRUMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FG
2005
28 OCT
£219,950
6, TRUMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FG
2005
16 MAY
£295,000
4, TRUMAN CLOSE, FALDINGWORTH, MARKET RASEN, LN8 3FG
2004
16 JUL
£262,500
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.