5, GARRATT CLOSE, HEIGHINGTON, LINCOLN, LN4 1RN - £157,000

5 GARRATT CLOSE is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £157,000 in July 2005, which was around 13% below the average July 2005 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

5 GARRATT CLOSE Sold Prices

Land registry data shows three sales for 5 GARRATT 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 5 GARRATT 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
2005 8 JUL	£157,000	£179,501	13% below HPI
2002 13 DEC	£117,500	£123,929	5% below HPI
1995 1 DEC	£50,500	£61,149	17% below HPI

5 GARRATT 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 5 GARRATT CLOSE sales between December 1995 and July 2005 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 December 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2005 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 GARRATT CLOSE?

5 GARRATT CLOSE is 88m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Heighington, based on EPC data. The below chart shows the distribution of detached houses by size in Heighington, and where 5 GARRATT CLOSE lies on this distribution: 28% of detached houses are smaller than 5 GARRATT CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Heighington.

5 GARRATT CLOSE: Plot and Title Map

5 GARRATT CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 5 GARRATT 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 5 GARRATT 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 5 GARRATT CLOSE?

5 GARRATT CLOSE is located in HEIGHINGTON, in the LN4 postcode district. The below map shows the position of No. 5 on GARRATT CLOSE.