8, CHESTNUT CLOSE, NOCTON, LINCOLN, LN4 2DJ - £234,000

8 CHESTNUT CLOSE is a small detached house of 115m², built sometime between 1996 and 2002. It was last sold for £234,000 in November 2012, which was around 31% above the average November 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

8 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 8 CHESTNUT 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 8 CHESTNUT CLOSE sales were for above 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
2012 16 NOV	£234,000	£179,299	31% above HPI
2009 26 MAR	£230,000	£166,770	38% above HPI

8 CHESTNUT 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 8 CHESTNUT CLOSE sales from March 2009 and November 2012 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 March 2009 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2012 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 8 CHESTNUT CLOSE?

8 CHESTNUT CLOSE is 115m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of detached houses in Nocton, based on EPC data. The below chart shows the distribution of detached houses by size in Nocton, and where 8 CHESTNUT CLOSE lies on this distribution: 31% of detached houses are smaller than 8 CHESTNUT CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Nocton.

8 CHESTNUT CLOSE: Plot and Title Map

8 CHESTNUT CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 8 CHESTNUT 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 8 CHESTNUT 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 8 CHESTNUT CLOSE?

8 CHESTNUT CLOSE is located in NOCTON, in the LN4 postcode district. The below map shows the position of No. 8 on CHESTNUT CLOSE.