5, LACY CLOSE, NETTLEHAM, LINCOLN, LN2 2WF - £295,000

5 LACY CLOSE is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £295,000 in September 2019, which was around 29% above the average September 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

5 LACY CLOSE Sold Prices

Land registry data shows two sales for 5 LACY 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 5 LACY 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
2019 5 SEP	£295,000	£229,062	29% above HPI
1997 21 MAR	£77,950	£62,590	25% above HPI

5 LACY 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 5 LACY CLOSE sales from March 1997 and September 2019 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 1997 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2019 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 5 LACY CLOSE?

5 LACY CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 5 LACY CLOSE lies on this distribution: 31% of detached houses are smaller than 5 LACY CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

5 LACY CLOSE: Plot and Title Map

5 LACY CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 5 LACY 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 LACY 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 LACY CLOSE?

5 LACY CLOSE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 5 on LACY CLOSE.