8, CHESTNUT CLOSE, SUDBROOKE, LINCOLN, LN2 2RD - £240,000

8 CHESTNUT CLOSE is a very large extended detached house of 186m², built sometime between 1976 and 1982. It was last sold for £240,000 in June 2008, which was around 30% above the average June 2008 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

8 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 8 CHESTNUT 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 West Lindsey local authority area for the corresponding sale date. All of the three 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
2008 4 JUN	£240,000	£184,333	30% above HPI
2004 26 FEB	£205,000	£151,739	35% above HPI
2002 15 MAY	£139,500	£97,620	43% above HPI

8 CHESTNUT 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 three 8 CHESTNUT CLOSE sales between May 2002 and June 2008 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 2004 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2008 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 8 CHESTNUT CLOSE?

8 CHESTNUT CLOSE is 186m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Sudbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbrooke, and where 8 CHESTNUT CLOSE lies on this distribution: 83% of detached houses are smaller than 8 CHESTNUT CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Sudbrooke.

8 CHESTNUT CLOSE: Plot and Title Map

8 CHESTNUT CLOSE sits on a plot of roughly 0.147 of an acre, or 595m². 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 SUDBROOKE, in the LN2 postcode district. The below map shows the position of No. 8 on CHESTNUT CLOSE.