7, LUCAN CLOSE, SIBSEY, BOSTON, PE22 0SH - £195,000

7 LUCAN CLOSE is a midsized detached house of 106m², built sometime between 1991 and 1995. It was last sold for £195,000 in February 2020, which was around 8% below the average February 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

7 LUCAN CLOSE Sold Prices

Land registry data shows two sales for 7 LUCAN 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 East Lindsey local authority area for the corresponding sale date. One of the two 7 LUCAN CLOSE sales was for below the average price, whilst the other was 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
2020 12 FEB	£195,000	£212,241	8% below HPI
2013 19 APR	£180,000	£167,657	7% above HPI

7 LUCAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 7 LUCAN CLOSE sales from April 2013 and February 2020 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 April 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 LUCAN CLOSE?

7 LUCAN CLOSE is 106m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of detached houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses by size in Sibsey, and where 7 LUCAN CLOSE lies on this distribution: 42% of detached houses are smaller than 7 LUCAN CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

7 LUCAN CLOSE: Plot and Title Map

7 LUCAN CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 7 LUCAN 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 7 LUCAN 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 7 LUCAN CLOSE?

7 LUCAN CLOSE is located in SIBSEY, in the PE22 postcode district. The below map shows the position of No. 7 on LUCAN CLOSE.