8, MELLOWS CLOSE, REEPHAM, LINCOLN, LN3 4DT - £252,000

8 MELLOWS CLOSE is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £252,000 in February 2023, which was around 11% below the average February 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

8 MELLOWS CLOSE Sold Prices

Land registry data shows two sales for 8 MELLOWS 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 West Lindsey local authority area for the corresponding sale date. Both of the two 8 MELLOWS 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
2023 2 FEB	£252,000	£283,188	11% below HPI
2013 26 FEB	£52,000	£179,337	71% below HPI

8 MELLOWS 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 two 8 MELLOWS CLOSE sales from February 2013 and February 2023 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 2013 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the February 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 MELLOWS CLOSE?

8 MELLOWS CLOSE is 89m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 8 MELLOWS CLOSE lies on this distribution: 23% of detached houses are smaller than 8 MELLOWS CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Reepham.

8 MELLOWS CLOSE: Plot and Title Map

8 MELLOWS CLOSE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 8 MELLOWS 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 MELLOWS 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 MELLOWS CLOSE?

8 MELLOWS CLOSE is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 8 on MELLOWS CLOSE.